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Hello, BP. When you are going to refinance your property. I believe 1 of the requirements are "cash reserves" to cover 6 months to 12 months of funds to cover the mortgage. Instead of having cash, can a person use Cre...
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Will be inheriting 90K in the near future and trying to figure out the best place to put it. My advisor wants me to put it in the market naturally. I am 55 years old in South Louisiana and have 7 other rentals. I am l...
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Hey guys, I was wondering if any land lords out there have had any experience with requiring or prefering tennants to post-date checks for the duration of a year or the lease.I have thought about requiring this as I f...
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In 2020, I bought my previous primary home with a 20% down payment and a 2.5% 10-year ARM mortgage. Since then, the housing prices have risen about 50%, reducing my leverage from 5x to around 2x. I'm considering purch...
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Hello all,
I just wanted to share my recent decision of a retirement account to set up for my self and the reason why.A little about meI currently have $0 in traditional retirement accounts(IRA, 401K, etc). I took an...
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My home is paid off, and I'm taking 80% out of my house in a 30 year refinance loan. My plan was to purchase three - five SFR's for cash using 20% of my own cash and 80% from the refinance loan for each purchase. Tha...
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Hi! I am looking to start my investment journey and I have been seeing all this hype about air bnb. I wanted to know if air bnb arbitrage was a good choice to go with or is it actually dead how people say it is. I liv...
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Hello! I'm new to the real estate game. I'm very interested in flipping properties. I have found a good market and have built a good team thus far and I'm ready for my first flip. My question is about the funding for ...
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Hello everyone my name is Mike Id like to introduce myself to the community. So excited to be a member of Biggerpockets and to begin my way to the top! My question is i am looking for a 2 unit rental for my first prop...
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Hey BP
I was looking to see if there are any highly recommended (investor friendly) contractors in the Philly market who understand and can work with investors draw schedules. I typically raise a small kick off amou...