![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/153314/small_1621419791-avatar-ladyinvestor42.jpg?twic=v1/output=image&v=2)
Hi all, Can someone be so kind as to explain to me what and how does a piggy back loan works?Do i have to have to take out two mortgages at the same time to avoid the PMI?Just need a little clarification.Thanks in ad...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1536286/small_1621513322-avatar-rogerk29.jpg?twic=v1/output=image&v=2)
Hello everyone, Me and my partners are setting off on this brand new and exciting journey of real estate investing. Something we have wanted to do for a long time. The time is now and we are taking the plunge. I’ve r...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1270530/small_1694821021-avatar-joen90.jpg?twic=v1/output=image&v=2)
So we are looking to grow our portfolio, and have a large amount of equity in both our primary and rental property. I live in a HCOL area, so I'd need to tap into equity on both properties to be able to buy another i...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/752637/small_1690303203-avatar-jessienunley.jpg?twic=v1/output=image&v=2)
I have several friends/family members that have high paying jobs. Brother is in a doctorate program for physical therapy, Uncle is part owner of an architecture/CaD business, Cousin has high paying career at Tyson Foo...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1829298/small_1694686326-avatar-stevep283.jpg?twic=v1/output=image&v=2)
As a long time real estate investor I have constantly surrounded myself with real estate, even while simultaneously working in banking and financial services. As more and more people began coming into my sphere I real...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/483694/small_1621478703-avatar-andrewr41.jpg?twic=v1/output=image&v=2)
Hello, what are the tax implications if I bought a rental property in Dec 2020 and didn't rent it until Jan 2021? I know this is unofficial and not tax advice, just seeking some thoughts and info. Thanks!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1730339/small_1621515102-avatar-verenna.jpg?twic=v1/output=image&v=2)
Hi Everyone! I started my REI journey early April 2020 and have immersed myself in learning the basics of investing so I can have my base then graduate to a base+. I have read the Ultimate Beginner's guide, 3/4 finish...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/620435/small_1621493966-avatar-jenniferb99.jpg?twic=v1/output=image&v=2)
I currently own a 4-plex in a complex where there is about 40 4-plex buildings. There are 2 owners who wishes to sell their units now. The first owner… I’ll call seller “A” wants 180ish firm (this property is next to...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/234186/small_1621435090-avatar-jgreen.jpg?twic=v1/output=image&v=2)
Ok, so I've never bought a wholesale property before but recently I've been in contact with a wholesaler about a property he has under contract in north Warren MI. I will be looking at the property in two days and pla...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/128533/small_1621418210-avatar-henniker.jpg?twic=v1/output=image&v=2)
If I make a cash offer for an REO, does that prevent me from getting financing from a bank prior to closing? Up until now I've always purchased with cash and then re-financed once my property is renovated and rented....