Good Afternoon Bigger Pockets!I had a specific question about wholesaling. What would you personally describe a deal when it comes to wholesaling? I know this may sound simple, but in terms of logistics, I just need i...
I have an OCD personality. In addition, sometimes the shiny object syndrome is very much in effect when I come across a new business idea or real estate strategy. But in 2017, I made a commitment to focus. I did relat...
As of today (3/28/23) I have city approved and stamped plans with all permits paid but my financing has fallen apart, tryign to get this goingWhile I have history with rehab projects as well as buy and hold room renta...
All,This is a fabulous community. I came across this via trusty Google and talking to a colleague who has been investing in RE for a few years. I have attended a few webinars and went Pro a few days back. I am new to ...
Below is the first draft of the business plan I created for REI.The final product will be created using liveplan.com to create a polished and professional looking plan.The only thing that I'm still working on and is m...
Hello BP,I am in central jersey and trying to acquire my first property. Property is built 1970's. It is very clean inside and the electrical and plumbing all seems to work. No mold in sight and structurally sound. T...
I found a nice duplex for 120000, good location.one side is 2 bed 1 bath, other is 1 bed 1 bath. Figured I could get a gross rental income of at least 1200.No utilities are separated. Would you avoid this one because ...
Hey BiggerPockets fam! I plan on buying my first property by January 1 at the very latest. I just kind of wanted to tell everyone my plan with my partner and see what you all think. Constructive criticism welcome! I p...
Hello,I am under contract to purchase my first multifamily property in Kennett Square, Chester County, Pennsylvania (4 unit). All of my other rentals are condos or SFR, so I have not had to deal with snow removal cos...
I'm guessing the 70% rule is to determine if you'd be able to pull all/most of your money back out on the refi (70% LTV max)?If so, now I'm seeing lenders willing to do DSCR loans of 75% LTV, so then would I switch to...