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I am new to REI but am interested in the Buy-Renovate-Rent-Refi approach. I have an LLC and we just closed on our first property last week (cash purchase). From having a short discussion with two different banks, I fo...
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I’m 23 years old. Finally found a job that I like making $2k-$3k/month. My credit score is not very good and I don’t have anything saved yet but I really want to buy my first house hack deal. I do have a plan with my ...
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One of the major considerations when buying a home is the down payment. A down payment is the amount of money you pay upfront when purchasing a home. It is a percentage of the home’s sale price, and the rest of the pa...
Hi all,
Thank you for reading my post. I'm considering forming a REI company with a good friend who is a foreign national.
I know a foreign national can be part of an LLC, but I don't have a clear picture of what ...
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Hello BPers,I have a few questions regarding prequalification if someone can clarify. I am looking to close on my first deal within the next 6 months. I have found a few good deals and I wanted to go see the propertie...
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Investing in real estate can be expensive. But what if I told you that you didn’t have to use all of your money to fund a real estate investment. That’s where hard money comes into play. When looking for fix and flips...
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Hi! I'm Jessyca (Jess). I live in Northern New Jersey (Jersey City), & work in Manhattan NYC . I got interested in real estate investing pretty recently, after going to meet my boyfriend's parents for the first ti...
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Good Morning BP!
This year I'll be acquiring my first rental property as I'm finally in a financial position to do so. I have a 2 pronged question. I currently put all of my living expenses on a credit card (includin...
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I have excellent credit > 800 when I get my score from the various credit agencies. I also get the same score on CreditKarma and on my credit card website. However, I do have one closed collection account om report...
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During the COVID years, I know people were able to refinance rather quickly (3-6 months). How has that changed in 2023 (going into 2024) considering the higher interest rates and economic inflation from late 2022 thr...