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One of the biggest blockers I have seen from potential investors has been them not having enough capital to get started within owning real estate. If you do not have enough capital for a multifamily property then here...
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Hello - I am looking to purchase a multifamily property that is a 3 bed /1 bath and 4 bed /1 bath. We are planning on furnishing the property and marketing it to traveling professionals. I am concerned we will run int...
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I have a strong interest in Multifamily syndication but currently lack the capital, network, skills, and experience to be successful in the space, I was looking to start at a CRE firm as an investment associate to gai...
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Hey EveryoneI am fairly new to carpentry and having an issue hanging pre hung doors. For some reason I can't get the hinge side gap and the strike side gap to be consistent with each other. Individually each side is c...
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Hi BiggerPockets Family!
House hacking isn't just a strategy; it's a financial game-changer. Have you considered how living in one unit and renting out the others can essentially let you live for free?
I'm fascinat...
Thinking about utilizing the CARES ACT to pull 100k from my current 401k to purchase my first real estate investment property. There’s no 10% penalty right now and the tax pay back is three years. This has never happe...
Hello Everyone, I just want to say that I appreciate any friendly help that is sent my way in advance!My partner and I are just starting out with getting into real estate, and we feel that we should take some steps to...
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Hello all!
Newbie here and I just bought my first 4 family in Peabody. I am in the process of going through it and turning the units to maximize rent income. Lots of work but that's a story for another time!
I have...
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Just had a loan officer tell me that...
a) regardless of the business type, money isn't lent to LLC's or the like for investment properties. They lend to individuals and then you deed it to an LLC.
b) Fannie Mae on...
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Hello BP members, I am diving into the numbers for some potential deals, and I am looking into whether I should charge for electric/utilities. Currently, my CoC return for year one is a little over 2.4%, with a conser...