Hello all, I have a bit of an interesting situation. I have a close friend of the family that acted as the bank on a property for an individual ( I know horrible idea). Long story short it has been a nightmare for my ...
Hey!! I'm an Investor, an Agent, a High Performance Coach & Psychologist. This year, my husband and I have huge goals to explode our real estate work (investing and traditional buy/sell). We have a real estate t...
Hey All,I have a live-in BRRR and would be interested to hear what you think of my plan.BackgroundMy wife and I bought a fixer-upper in Portland OR at the beginning of 2016. Our reason for buying this particular house...
Hi everyone: I'm a brand-newbie with a lot of things on my brain, but I might as well begin by asking about the primary reason I stumbled onto Bigger Pockets. Recently, I've been trying to understand if my primary res...
I have been reading the site and other resources for a few weeks. This will be a wall of text, but I've thought this through and hope someone can check my math and assumptions about how this works.My goal is to compar...
I have 400,000 in equity in a deal... I am trying to do a cash out refinance for 160,000 the mortgage bank I am working with is giving me the 160,000 but out of that I am walking out with 75k... 40k towards debt... An...
Hi BP family
I live an Illinois but plan to purchase rental property out of state. Do I start my LLC in Illinois or the state I plan to purchase property?
Hello all,
I’m new to BP but have been curious about real estate investing for some time. I purchased my primary residence 3 years back in Phoenix AZ and have a good amount in equity. I have am considering an opport...
SITUATION 1:I purchased a house with a VA loan (this means I cannot rent it out) for $225K located in Long Island NY. The current mortgage is $200K. The current rental value is $2,400. The PITI on the house is $1300. ...
Hello friends,Like I said, I have an opportunity. It could be beneficial or a total nightmare. I made a similar post with great feedback. So great it made me realize I should rethink the entire strategy. I was intro...