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At 55 years BP inspired me to get into real estate. Now I'm at 10 units in duplexes/fourplex( with a decent cash flow of 2K/month). Even though I have ~500K in 401k, I feel most of my investment is in real estate (pri...
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I quit my job in December to go out on my own as a handyman. I'm not taking out any loans to start my business as I saved up enough to start. I've got verifiable income from the last several years but there's no way t...
Hi Everyone!I am new to bigger pockets and new to investing as well. I have been extremely interested in RE investing for a little while now and I am now starting to take action to get moving into the right direction....
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I've always had the mindset that it didn't really matter who I refinanced by BRRRR properties with because interest rates would be pretty universal. As I get ready to refi my latest purchase. I am curious, do you thi...
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Hi All!I'm wondering if I were to refinance a handful of my properties into a non-recourse commercial loan, would these properties then come off of my personal credit so that I could purchase more properties with Fann...
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I have been looking into a business Line of Credit and have a few questions:- I notice that some people can obtain a huge Line of Credit based on a very small piece of collateral (let's say a $500k LOC on a $100k coll...
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Hey BP,I recently purchased my first rental, a house hack duplex. I have great renters and was able to buy the house with cash. Now I'm ready to pull out my equity and I hope to move onto a BRRRR. Before I dive in I'm...
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What do you count when you talk about portfolio size? Is it just the total value of your properties? Do you include potential income? Do you deduct loans or expenses? Do you proportion based on share of a JV property?
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Does anyone know of any good portfolio lenders that works with investors in the Baltimore, Maryland area? Looking for one that can provide good rates on lending funds
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This is the beginning of a series of posts I will be publishing on ‘Building a Diversified Real Estate Business Through Investment Strategy, Risk Management and Portfolio Management. I’d like to set the stage with thi...