Kelly Conrad
Re-titling from personal to LLC, who's done it?
I chatted with someone who talked about how they moved the title from them to their LLC, and while reading about some of the options, I was curious if anyone here has done it. I looked at the warranty deed vs quitclai...
Sergio Rodriguez
New investor wanting to buy with debt-to-income is to high
Hello Everyone,I want to start investing in homes preferably buy and hold at the moment and but I have two problems: (1) my debt-to-income ratio is at 59% due to student loans and a car note; (2) my down payment money...
Eric Kristt
Should I use Cash or leverage?
Brand new investor here. I have 220k saved in my bank in liquid capital, 700 credit, and about 60k in salary. I am looking to buy and hold a multi-family to live in and rent as my first deal. I know there are many oth...
Ross McKenzie
Profit, Ethics & Capitalism
Good Day All. It seems to me that so many BP or successful REI stories are about scoring properties at a steal, and following up with potential sellers with umpteem phone calls to convince them into selling their hom...
Casey Epperley
First time landlord- how to structure
Hi Everyone! My name is Casey Epperley and I live in Salem, Oregon. This is my first post on here, however I am a long time listener of the BiggerPockets podcast. Little background information on me - I am a 29, marri...
Natan Gutt
How can I buy first rental property with less then 15% down?
I live in MN and im trying to purchase my first SFR as a rental property. However I look at it I need to pay 15% down or live in it for a year first. Is there a way to secure a loan that would require 10% or less as a...
Jamil Cole
Refinancing a Hard Money Loan
Hi all. New member here to BP. So I found a deal on a Single Family Residence. Its selling for 120K after estimated closing costs, cash only, in a neighborhood that is valued at lowest price 250k. Needs work roughly 3...
Justin Girod
Another 50% ratio/cashflow question
Hi everyone, I just discovered this site a few days ago and have been doing a lot of reading and have learned a LOT. My question is regarding the 50% rule - my understanding is that it is a fairly conservative ratio o...
John T.
Owner Financing - Is interest a good idea?
Hello BP Community!I'm considering offering owner financing on one of my properties. Property is worth 135K and is free and clear. I want to offer a 5 year note on it to a potential buyer. I've already spoken with ...
Andrew Otten
Looking at a Mobile Home tomorrow
Tomorrow I am looking at a mobile home in my area, west michigan, and it is incredibly cheap. The seller seems to be pretty motivated and the asking price is <$5k. The pictures show it needs some work but the ...