Brian Sorensen
Is there any downside to this scenario?
From seller:Okay here is an idea proposal: price $160,000 you put $3000 down get a loan for $112,000 being 70% LTV that = the $115,000. We take back a 2nd mortgage for$45,000 with a no penalty for early payment and y...
Ben Rice
Upside/Downside of using a REI Firm
I went to my first REI meetup tonight. It was hosted by a REI Firm. Some of the content I already knew from my time here on BiggerPockets and some was new info. They make their commisions from the Seller and their age...
Adam F.
Downsides of RE License for Buy+Hold?
I know this topic is all over BP, but I'm a little unclear on one of the main downsides people point to when it comes to being licensed, which is liability and disclosure. What specifically is so bad about having to d...
Travis Stevens
The downsides of 203k and FHA loans?
Hi everyone, I’m brand new to investing. I’m in the saving/research stage but plan to start with a house hack in the next 1-2 years. I’ve been reading a lot about 203k loans for rehab properties and FHA loans with 3.5...
David J Carciere
$150/mo - Does that cover downside risk?
I was in @Brandon Turner's webinar yesterday and thought all the info was super helpful but one question I'm trying to reconcile is $100 - $200/month enough on a rental to cover any potential downside risk. I partner...
Account Closed
Tax Downsides to Paying Off a Mortgage
Hello everyone! My name is Jesse and I am a new investor. I am about to close on my first property on march 22nd (tuesday!). It is a $250000 2 bedroom condo in the NY metro area. I will be renting this apartment out a...
Jonathan Greene
The Downside of Calculators and Analysis Paralysis
I've been reading so many posts by new investors looking to close their first deal, but what they talk about the most are the calculator projections and constant analysis that they are doing from home. I wanted experi...
John Mark Pollard
Upside/Downside to "Lower Income" Weekly Rentals
What are your thoughts on apartments that are weekly rentals? Good idea/bad idea? I'm not talking about short term rentals or Air bnb properties.Here's the skinny, I have a potential opportunity to purchase a multifam...
Ian Livaich
Questions re: Downsides of the BRRR Strategy
Hello everyone,I am still new to BiggerPockets and real estate investing, so I am churning through the podcasts and soaking up the information on the forums, blog posts, and in books. I plan on house hacking my firs...
Hong Gao
Downside risks for a self-renovated rental
Hi, this is my first post ( after reading several books, attending webinars etc). My realtor friend talked to me about a single family unit close to a university. The owner did quite a bit of renovation (WITHOUT PERMI...