Charles Hammon
Investor Fund Structure
Hello... I'm a Professional Civil Engineer and Real Estate Broker in Southern Utah and am ready to move from consulting to managing investor funds. I'm thinking of the best way to structure a real estate investment c...
Navid A.
Evaluating a BRRRR deal vs a "conventional" deal
Hello BP,I just finished reading Brandon's book on "Rental Property Investing" along with David Green's book on "BRRRR". Brandon emphasizes the need to analyze deals to ensure a property will cash flow AFTER accountin...
Michel Sylver
Tenant Income Low with Additional Funds in Money Market Account
My husband and I bought a small multi-family last year and are self managing. We require 2.8x rent in income and included that in our listing. We have an applicant with 2.3x rent for income and commented on the appl...
Atanas Angeles
Heloc on a primary residence
Hello,I have a significant equity in my house, where I live. Would love to use a Heloc to fund part of the construction of an 1200 sq ft ADU I don't know what company or financial institution I should work with for t...
Joel Gellis
Novice REI Starting Out in Buffalo
Hello BiggerPockets community! My name's Joel, I'm a novice REI looking to learn, connect, and take down my first deal in the Buffalo, NY area!My situation:I've got excellent credit, strong income/savings rate, and ca...
Greg P.
Lines of Credit Question
Hello, I hear about some local investors obtaining 10mil dollars of lines of credit to buy property. What do you actually need to obtain this line of credit. Is it basically net worth and rental income? Or is it mo...
Matt Good
Deed in lieu of foreclosure
Hello!I'm just trying to understand this...I've heard a couple of stories regarding an investor loaning a dear friend cash to buy a distressed property including rehab funds. The investors friend; the borrower, cash i...
Jean De la cruz
Deposite cash while qualifying for a mortgage
Hello BP,
I am in the process to purchase my first investment property. Already have a pre-approval and the house I want to buy. The only problem is I only have a portion of the down payment plus closing cost in my ba...
William Stinson
Employee approached me about doing a secured promissory note
I recently had one of my 1099 employees approach me about helping him deal with some back taxes that have come to a head and he is running out of options. He owes $60,000 to the IRS from 2004 taxes and he has asked me...
Samantha Klein
Do Portfolio lenders typically want reserves?
This question is for anyone who has a relationship with a portfolio lender, does your lender require a set amount of reserves per property like Fannie Mae? This is not a debate on whether you should have reserves. For...