Hey community, I am exploring starting a hard money lending business and wanted to start a thread for all advice on the topic (including what not to do or tools not to use). Does your state require licensing? Did yo...
I own a 3 unit multi family home in Upstate NY, bought in 2016 with a FHA 203k loan. Purchase price was $127K, renovations from the 203k brought the loan total up to $154K. The house was appraised by the county for $1...
Greetings,I am new to BiggerPockets, and REI as a whole, but have read that traditional financing is hard to come by when dealing with a fixer-upper. I would like to know your strategy on financing a fixer-upper. Any ...
Ok, hypothetical question. Let's assume money wasn't an issue, maybe you won a lawsuit, or discovered gold in your backyard that ancient Egyptians dumped there 2,000 years ago so the vikings that were chasing them wou...
We've seen tremendous interest from investors seeking larger balance investment property HELOC's or home equity lines of credit. Understandably, investors are looking to tap or access increasing equity positions, many...
Looking for feedback good or bad, for using a HELOC from my personal residence to finance the down payment on my first SFR. Thanks in advance for any advice.
Ok...so now I have three rentals and they cash flow pretty good but i am tapped out on credit and because I paid cash for the last property I dont have any more to buy another property. What Iwant to do is do a cash o...
Hi BP,I am considering investing in my first syndication, and was hoping to get a sanity check on the numbers from those with experience. Here are the highlights: 100+ unit multi-family in Kansas CityTotal acquisitio...
Quick Intro, I have been lurking in the shadows here, listening to podcasts and reading books for the last 8 months. My end goal is to reach financial freedom through cash flow. I am actively seeking fix and flips wit...
Recently purchased a fixer upper, hoping to do a BRRRR on it. I would like to buy another property this year also. I have 60k in cash at the moment, rehab costs to property would run about 50k . Is it better to borro...