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Im partnering with my boss but we are both new to real estate and have never done a partnership. I have been browsing past posts and a lot of info that has already been put out about partnerships but was hoping to get...
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Hello! We’re in the process of purchasing land from my mom using owner financing. We plan to start building our primary residence using cash to pay as we go (we own a construction company). We’d like to still get a co...
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Hey all! I'm in the process of finding my first deal! I'm likely planning to use a HELOC for the down payment. I've looked at probably 20 or more properties and when I calculate the HELOC payments into my numbers most...
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There is a lot of false information out there regarding 1031 exchanges and one of them is that you'll have to pay taxes eventually. That's a myth!If you keep rolling one 1031 exchange into another until your time on E...
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Hello all,so I’m a couple BRRRRs with a lease options in and the issue I’m having is Fannie Mae and Freddie Mac both need a 12 month seasoning period and so-far all the DSCR 30 yr I’ve found do 6-12 months seasoning. ...
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hey everyone,I just had a general question that I've often thought a lot about and thought I'd pose it to the BP community.Before deciding to get into real estate, I had always considered the real benefit of owning an...
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Do people really get 2% on rent of the purchase price? At least where I live there is no way this rule will work.A house that sells for a 130k (that doesn’t need any work) will get about 1200 to 1400 a month rent; no...
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Hey all! I live in Seattle, Wa and have a small house hack here. I managed to score a high paying tech gig 5 years ago and have been living way below my means to build a nest egg to start my journey to financial indep...
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Hello Bigger Pockets peeps,Feeling stuck lately and trying to spark ideas for my next real estate move..... So here we go...I'm a 24 years old college graduate living in Michigan. I work at a local bank making $40,00...
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Hey guys. I'm a new investor in Louisville Kentucky and I'm looking for input on my investment strategy. For reference, I'm a full timE paramedic. I cUrently have no rental properties or experience. My current budget...