Matthew Adams
Clarification on article about using a HELOC to build wealth
Hi,I just read through the article at https://www.biggerpockets.com/blog/how-im-using-helocs-to-build-wealth by Charles Hardage. I'm unclear on one thing, though. Charles said:"Our first HELOC allowed us to save $50...
NA NA
Getting credit
Read somewhere about creating credit line but don't know which post is it The content is something like deposit some money in one bank borrow from them and deposit to another bank and borrow again creating more credit...
Jude Cineas
Breakdown of BRRRR Method
Here is a breakdown of each step in the BRRRR method:
Buy: Find a distressed property that is priced below market value. This could be a property that needs significant repairs or one that has been on the market for ...
Dylan McCabe
How to Invest in multi family with no or low money down
Total newb here but digging in. I am interested in multi family as a means to replace my income. I love my job but want a safety net too. I have listened to many podcasts from Michael Blank (among others) about invest...
Daniel Hwang
How do I leverage against my current property?
Hi,I'm looking to leverage my first property to purchase a second property. I understand there are specific methods like cash out refinancing, HELOCS, and equity loans. If I take those out like a HELOC how do I actual...
Jonathan Abrado
First Deal- Analysis Paralysis and Unsure If Good Deal
Hi BP Community,Newbie here! I currently have an off market deal under contract in Stamford, CT from a family friend. Originally was trying to do a seller finance deal and they were open to it, but things got a little...
Paul Caporali
How to expand you real estate portfolio?
Lets say I spend all my money on the down payment for a multifamily rental home. How would I afford another down payment for when I buy another multifamily? Would I save up my income from tenants? That would take YEAR...
Sam T.
heres my situation, how can i buy a home?
my wife and i are currently renting and paying close to 1,000 per month. our lease will be up at the end of the year. is there a way that we can buy a home creatively? we do not have good credit nor enough for a down ...
Barshay Graves
Ways to Accept Rent Payments?
What are some of the more tech savvy methods to receive rent payments? I will be renting to my first "20 somethings". I know they will grasp the concept of an app easier, than my tenants that I currently receive cash ...
Dana Sarcona
BRRR method - confusion on the financing aspect
Hi all - so I want to get into the buy, rehab, rent, refinance, repeat method of real estate. I have found single family homes in the area in which I am looking that need proper work. Here is where i get confused. On...