When I turn 18, I plan to get a 4 unit house and live with my friends, If I do a down payment of the conventional 3.5% and then split the rent 1/4 or even charge them more, what could go wrong, assuming I’ve known the...

Good debt vs. bad debt
Debt doesn’t have to be a bad thing. Taking on some debt might allow you to achieve your goals or fulfill your dreams. Borrowing money can help you complete your education, purchase a home or f...

Hello guys. Newbie here. The bank says I can only have 4 mortgages. Does this mean I can only have 4 rental properties? How can I have more than 4 properties? Do I form an LLC?

Hey all! Excited to be here.
So, it seems my concern about the BRRRR method is shared. 
-When it comes to this strategy, what sort of requirements must one meet for the bank to consider refinancing the property? Wil...

Hi Everyone,I currently have a 401k through my previous employer with about $65k and would like to put it to use in my house flipping business. Is it possible to self direct those funds towards my business in anyway? ...

I use a property manager for an out of state rental property.  Last year we kept most of a security deposit for repairs after the tenant moved out.  We also received some payments from the new tenants for utilities pa...

So i have been watching a lot of the biggerpockets podcast and something keeps coming up. There are a lot of people who are using money from friends and family. How does this work? How do they get paid? How to I make ...

Hi BP,To make a very long story short… I have the opportunity to take ownership of my mother's house and have the house free and clear; it's completely paid off. It is a single story ranch, 3 bedroom with full baseme...

Hi Everyone,I am a young, aspiring investor and want to purchase my first property within the next year or two. There are a couple of big banks out there that are doing conventional fixed-rate mortgage for as little a...

Hello,

Sort of new to BP. I am looking to purchase a rental home in my area, current listing is for $49K. My question is this. I have around $20K in my current 401(k) at work that I would like to roll into a SD IRA. ...