Thanks to a family friend I have $15K to use towards my first real estate deal. I was thinking about using the money to fund a house flip to hopefully bring in a large enough profit to pay back what I borrowed and h...
Bigger Pockets Community,Lately, I have been submitting offers to sellers asking them to carry ~25% LTV (i.e. the down payment amount). This allows less investor capital to be put down on a property while getting the ...
Hi there-
My brother and I purchased an investment property in April 2013 for $185K, and put down 25%. After closing, we transferred the property title to the LLC's name. The current mortgage is under my brot...
With tax time approaching I began looking through last years receipts and am realizing just how much I have spent on building materials. I wanted to share how I am beginning to try and save money on these things in 2...
Hey friends. I have sourced 3-4 private lenders (family and friends) who are willing to assist with property acquisition via private loans. This would not be for the whole price of the property, so I'm still utilizing...
Best appropriation of real estate for someone who is retiring....?
My father wants to gift me his houses but wants to collect the rent until he passes and pay me a management fee. What would be the best way to set it ...
I'm wanting to sell one of my properties to my mom. The current loan is about 200k the appraisal 6 months ago was at 425k. With her income she can qualify to purchase about 350k. I want her to be able to purchase with...
I am trying to think of ways to purchase my grandmother's home as a primary residence with the intent of keeping it as a rental down the road. My credit and income is good enough to qualify for a mortgage, but I am ju...
Hey Guys,
I had a question that I was hoping that someone can answer. My brother and I have a townhome together as an investment property (in Tampa, FL). My brother wants out of the property. I do not want to sell. M...
Hi All,
My parents have been kind enough to offer me access to a HELOC on their primary residence. I have been buying student rentals and been doing well so far. They have seen my success and offered to help me grow ...