I recently took out a HELOC on my primary mortgage and have used this to purchase a home for 32,000 with rehab cost of 150,000 and ARV of 220k. The goal, initially, was to sell this property, however we would really l...
I am thinking about purchasing a multifamily investment in Rochester, NY using an FHA loan so I can take advantage of the 3.5% down [possibly the 203k if it needs some improvements]
I would be doing this and ...
Privlo is a new lending platform that connects homeowners who can’t qualify at the bank, with private money lenders. But once the website actually launches, will Privlo be in compliance with new regulations under t...
I don't like the idea of accepting tenants with lots of outstanding judgments. My rationale is that if they already owe someone else money, I probably won't get paid if I end up evicting them and holding a judgment a...
Hello, I am a new agent (4 months licensed). I am looking for tips on how to set up a consultation with an investor client. I know that it is much different than a buyer/seller consultation. What questions should I as...
Hey BPI'm in the early education/planning phase of my REI journey, laying out a road map to financial freedom, and I'd really like your input.I am leaning heavily toward a focus on multi-family rentals and want to see...
I have a 4 unit deal that I am currently analyzing. From what the seller has told me and provided me with, it seems to be a good deal. I've used the BP calculator but it doesn't pencil out all of the units the way I w...
Does anyone know what type of account you can transfer your 401k to, and then borrow from it/ pull from it? Without any penalties? I know I heard it’s possible, I just can’t seem to find out the right way to go about ...
Hey guys! I’m just getting started with real estate investing and I’m in the process of finding a real estate agent. Are there certain questions to ask them to make sure we’re a good fit for each other? Also what are ...
Ok, so I started listening to BiggerPockets totally on accident while driving to work one day around December 2019. Got hooked and since then I have listened to about 200 of the podcasts, I have a property under contr...