Manjunath Shetty
Paying off rental properties?
Is it good idea to pay off the rental properties with the money you keep for future deals? And then take heloc when you actually find a good deal. Then refinance the paid off property to pay off heloc loan.I was wonde...
Jason SanMartin
Syndication / CREI
Hello all,It's been a long time since posting as I've been undergoing the learning phases of being a landlord for a few years with a recently sold MF investment property I owned in Norfolk, VA. I'm looking to leverage...
Aaron M.
Advise needed on Duplex purchase
Hi all,I could use some feed back on a potential deal.-Side by Side Duplex located in good neighborhood-3 Bed / 1 Bath-Asking Price 118K-Both units rented ($750 and $775)-Taxes $2800-Insurance $1200-1300-Sewer $400-A...
Michael Willis
Saving for a down payment/preserving capital
Hello all. I am new to this community and I am trying to soak up all the great information and ideas that this site provides. My question is specifically regarding saving for a down payment. I am trying to save as muc...
Miguel Ortega
Starting My REI Journey
Became a BiggerPockets pro member about a month and forgot to leave a new member introduction, but my name is Miguel. I am 23 years old and born and raised in Charlotte, NC. I first heard about REI when I read the Tot...
Kevin Nichols
Securities/Portfolio Backed LOC
I met with a bank today who presented a securities-based LOC that can be used for real estate purchase.ScenarioCurrently this bank has none of my business. I gave them a financial snapshot and they came back with a de...
Alex Grier
Flipping as a Realtor or Investor
Guy's I'm in class currently to get my realtors license. However, I'm starting to have second thoughts on the benefits to this as an investor; specifically a flipper. The primary reasons I wanted my license was to get...
Hunter Lavigne
Help with a Career Change
I am a career Operations Professional. My current position is Director of Operations. I do well but I want to get into commercial real Estate. I want to learn the inside of how it all works. Any suggestions on how...
Jeff D.
flipping out over possible s-corp loss
Here's my simplified as possible scenario:
in 2011, I set up LLC, bought and sold flip title in LLC, LLC made 25k profit on sale of flip. Took 25k out of LLC account and put in my personal account. Towards end ...
Mike Schoonover
Just inherited 485k house, considering offering seller financing
Hello, I recently inherited a home in Solano county, the home is paid off and was owner occupied since built and was well taken care of with multiple upgrades over the years. I initially intended to rent the property ...