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So I get the process of BRRRR. My question is in the actual refinance portion. When you refinance a home at 70%-ish LTV of ARV after repairs/updates and its rented does the lender just give you cash in the form of a...
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Hi all, Thank you for taking time to read this. Background: I rent two apartments in Downtown JC and am tired of paying high rents + shoe box size + kinda done with cityPlans: I want to buy a land somewhere in upstate...
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Are there any house designers or wannabes here on BP? I'm getting ready to start a couple more homes in my subdivision in South Texas. I have a plan I really like for one of the lots but I want to build on one of my o...
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Hello BiggerPockets!I have been snooping around the bigger pocket site for a few months now and finally decided to jump in and make some local and national conections. After much soul searching I finally mustered up t...
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Hello,
I'm brand new to the bigger pockets community. I've worked in the Television and Film industry for the past 11 years. I've decided slowly back away from the industry and repurpose all time and energy into rea...
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IRS-REPS Status - What qualifies as Real Estate Professional?I have reviewed multiple sites blogs posts etc about REPS and found very detailed information, but one area still remains less clear for me. There are 11 ca...
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Hello! I am a new investor looking to purchase my first property in Massachusetts or Rhode Island. I have built up enough savings to purchase a multifamily property with an FHA (3.5% down) loan or Fannie mac (5% down)...
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Direct Mail has not worked for me. It is a channel (medium) that is too easy to learn (get a list & mail to that list consistently). It "seems" to work if you have the marketing budget, list, and ability to mail h...
Hello everyone!
I am very new to real estate investing but I have a hunger to succeed in this market. I stumbled upon bigger pockets during my research for more information and knowledge and I think it is a great res...
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Since the bank REO inventory seems to be drying up, I’m ramping up my private seller marketing once again (yellow letters, etc.) I’ve gotten the letters, mailing system & schedule down—now that they’ve gone out, I...