BP, I am about to take the first steps to becoming a landlord. So far.... I have established an LLC with my father and analyzed every property that has been posted on Zillow in the last 3 months. I am also working my ...

I'm starting to think more broadly about how to structure different "buckets", one of which is an IRA. I'm potentially interested in rolling an existing IRA into a self directed IRA to purchase a multifamily with the ...

My friend in Colorado wants me to manage their property for a fee. In the State of Colorado for this type of business I would apparently need a license, which I am not planning to obtain for a while. My friend and I a...

I want to start a discussion re the due on sale clauseWe are seeing more issues re lenders calling notes due.  Some because of mistakes with insurance.  But, some due to lenders looking.One lender/servicer is HomeLoan...

Hi, investors! I'm new to BP and am starting some buy-and-hold investment activities in the North Atlanta Metro area. I'm also opening a solo law practice serving real estate investors in Georgia. I'd love to hear wha...

At my local REIA meeting, there was a sentiment from the more veteran players (particularly the mortgage brokers) that Fannie MAE/MAC will change mortgage allowance from 4 to 8 soon to help relief the number of forecl...

What was the highest interest rate you ever paid on a mortgage? The lowest? My lowest was 3.25% for a 30yr fixed mortgage in Dec 2012 on an owner-occupied 4plex. I refinanced out of this into 4.50% so I could get rid ...

Hello Biggerpockets members,I wanted to post something to kind of caution others about choosing their CPA. This is happening to a family member (they do not invest).Last night, a family member received a letter from t...

HI BP!WE PUT OUR BACKS TO WALL AND REALITY HAS SET IN! WE ARE OFFICIALLY STARTING OUR FIRST FLIP! I'VE DONE SO MUCH RESEARCH AND FELT SO PREPARED BUT NOW FEEL LIKE A DEER IN HIGHLIGHTS! I FULLY UNDERSTAND THAT TIME IS...

I am fairly new to the Real Estate Investing business. I say this because about 10 years ago I purchased a single family property with a 80,80,70 finance deal (not sure that even makes sense anymore) and the rest was ...