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I'm very knew to the REI world. As in, I started really considering it yesterday, but I quite possibly could have my first deal. My predicament is whether I'm jumping in too soon, or should I go for it because of how ...
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I'm still in the research phase of my real estate journey.I have an established family - married, three kids and a mortgage. I have only one vehicle that has a loan, the other is owned outright. I am not in a position...
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If your 401k provides a low rate of return and you know you can invest your money at a higher rate of return than the fees associated with withdrawing your money plus the opportunity cost of leaving your money in the ...
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After using Wells Fargo for my last two properties that I’ve successfully sold for a profit, using conventional loans, it is taken me almost a week to get from the same person I’ve been talking to for the last two hou...
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Greetings BPers!I own a duplex in Daytona Beach. I've had it for coming up on 4 years now. Literally the minute I bought it, I've been taken to the proverbial wood shed with this property. One thing after another aft...
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What sort of qualifications does a local bank typically look for when generating a portfolio loan?
Here is a hypothetical scenario for the borrower:
Assuming the loan is against a 2-3 family rental bought with cash.
...
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Greetings! I am new to BiggerPockets and new to real estate investing. I haven't done any deals yet (only my primary residence, which I'm considering converting to my first rental). I am currently an IT consultant and...
Hello all of the awesome Bigger Pockets investors! My name is Brian and my wife Tracy and I are ready to begin a career in real estate investing. Our goal is simple, to build streams of passive income that allow us fi...
I'm fairly new to this forum. I'm trying to get a better handle on my finances and am especially curious to see where all my money is going. I've got a few questions for this group:(1) Where do you believe you could u...
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Tenants in our townhome reported that their garage door was hit & damaged. It's clearly dented and broke hinges, so not fixable and needs to be replaced. However, they claim no knowledge of how it happened and do...