Lenny Wilbourn
What am i doing wrong
So i have spoken with two brokers in the past three months, i had a very hard time getting the first guy to call me back, he missed appointments, didn't return emails and just left me high and dry. I almost gave up bu...
Joshua Davis
Once I've formulated a plan??
I have just about finished my real estate investing plan. Last i checked we all could use some help in development. So whats a good way to really proof read (have help proofing) this plan of mine to find out "holes" o...
Ken P.
Reflections on the first year as a MF owner
We’ve just passed the one year ownership mark, so I wanted to use this milestone occasion to update the BP community on our progress with the 18-unit package of condos that we purchased from a retiring landlord.First,...
Lee Krasulja
Need help on converting Primary to Rental
Hey guys,
I'm trying to compile a list of things I need to consider/review with my accountant, financial planner and attorney. My wife and I have outgrown our home and feel that the time has come to find a bigger ho...
Jimmy Mooney
Using credit to purchase a property and then immediately cash-out refinancing to pay it back - is this possible?
I have a small amount to use as a down payment but a lot of the properties I'm looking at are "cash only" and no financing available. Is it possible (with good credit) to get an unsecured line of credit, use my own ca...
Sarah Lam
Cash flow on Oahu?! In escrow on my first property!
Hi everybody, I just bought my first property in Aiea, HI (on the outskirts of Honolulu) and am set to close the first week of October! I've been on BP for a looong time, but my real estate investing dreams were put o...
Shaquan Webster
Buy Now or Wait for the much talked about recession?
Good Day Bigger Pockets Fam,
I'm 24 years old. I currently own 1 property (that I live in) in Virginia Beach, Virginia. I;m new to Bigger Pockets and I'm new to real estate in general. I want to invest in rental pro...
Ignacio Rosenberg
Raising rents on acquired property during COVID
Hiya all;We're closing on a property in the next few weeks and struggling with balancing the business and the human side of what we do. The property has tenants in place but are between $130-200 / mo under market at ...
Mike Franco
$1m equity, excellent credit, no income. What loans can I get?
I have a $1m house paid off. 830 FICO.
If I cash out refi, I can easily get a loan for $300k to buy a fixer.
After spending $50k out of pocket to repair, ARV is $500k. I want to further leverage the increased equity...
Lloyd Segal
Economic Update (August 24-28, 2020)
Economic Update (Monday, August 24, 2020)
Its going to take years for our economy to fully heal from th...