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Does anyone in the bigger pockets community have personal experience with a Whole Life Insurance policy or Wealth Maximization Account to help build their wealth and real-estate portfolio.
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My daughter Just picked up two mobile homes. One is move in ready, the other needs lots of work. She is super excited because she sold some of the furniture that was left in it which should cover the back taxes owed p...
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I spoke on the phone with a mortgage lender from Rocket Mortgage. When I told him my intention to purchase a property with the plan to rent it out in the future, he told me that was illegal and fraudulent. I've never ...
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Investment Info:
Single-family residence buy & hold investment in Birmingham.
Purchase price: $70,000
Cash invested: $35,000
First investment. 3 bed - 2 bath, 1860 sqft SFR. Currently executing a...
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Talked with local lender recommended by my broker. Preliminary chat he shared the following numbers:30% down required5-6% 7 year fixed then adjustableNot sure if I should try sticking with initial plan of a portfolio ...
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BP - so I have 15 SFR’s and planning on buying 10 more. I am tapped out on FNMA so I secure a commercial lender out in CA (I’m in TX) with a 7% 5/1 ARM. I have tried lending one and they were about the same.Any good s...
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Good afternoon. I just completed 2 new construction houses and paid all cash out of pocket for these within a 10-month duration. I own the houses outright. Each home will sell for appx 160k, after closing I shoul...
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What are some ways that you would rehab a property differently if you were renting it versus flipping? How would you do the flooring different? Kitchens etc?Any input would be appreciated.
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Hello! I recently bought a 3bed/1.5 bath in the Chicago area suburbs. I'm planning to rent out one room and airbnb the other. I will need to do some repairs so I'm curious what are some creative ways to finance some o...
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I am turning an empty building into a four plex. I need to buy all the plumbing fixtures and sinks. I had previously been told by a contractor that Lowe's and Home Depot don't have the same quality fixtures as plumb...