Jia Liu
Should I buy under LLC?
I bought my first property as a primary residence. Now it is a rental property under my name. I know this question had probably been asked a million times... For my next investment property, should I buy it under an ...
Mimi H.
Self Directed IRAs + Non-recourse
I'm starting to think more broadly about how to structure different "buckets", one of which is an IRA. I'm potentially interested in rolling an existing IRA into a self directed IRA to purchase a multifamily with the ...
Ori Holzman
Basic Questions: Would appreciate input
Hey. I'm trying to get into real estate investing, would really apprecaie any advice.
I only have a few thousand dollars to start with. I live in Brooklyn, NY, and have a full time job with small steady savings. I'...
Dorian Jones
Potential Partners or Hard Money?
I am slowly getting back on the REI train. It's been about a year or so and I have been weighing all possible options. I would love to partner with investors in other markets on flips if possible just to build a littl...
Jacob Sontag
Too Early to Buy Duplex Out of College to Live and Rent? Advice?
Hello all,This is my first post and I'm really learning a lot on this site and love it and have mustered up the courage to for some advice and thoughts.So I graduated college with an engineering degree about 4.5 month...
Kelly A.
Small IRA -- ideas on what to do with it
Hello--I have a small self-directed IRA, $20,000.Were it yours, how would you deploy it?(I'm accredited, though at that amount, it probably doesn't matter.) Suggestions?Thanks!
Jordan Grimstad
Shopping around, multiple credit pulls
I made a classic newbie/lazy mistake - I got a preapproval letter from one highly recommended mortgage broker, but then neglected to shop around. Now I'm out of the 14-day grace period during which multiple pulls won'...
Daniel Kwon
Wells Fargo Said I Need 6 Lines of Credit?
Hey BiggerPockets,I'm graduating in a couple weeks, and I'm looking for a duplex/multi-family home. I talked to Wells Fargo and he told me that everything else I have is good (the money down, job stability, etc.). The...
Matthew Edge
Ohio Banks that will Finance Mobile Home Parks
Looking to purchase a Mobile home park in southwest ohio. Not a huge one, around 40 units. Thinking the total price will be in the 500-750k range. Can anyone recommend any banks in the ohio region who will offer l...
Joe Smith
cashflow vs. payment of principal
I'm considering delving into small multifamily or mobile home parks (for rental/cashflow) in the $500k - $1.2M price range.
My questions:
1. Since commercial financing consists entirely of balloon loans from what I...