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Below is the first draft of the business plan I created for REI.The final product will be created using liveplan.com to create a polished and professional looking plan.The only thing that I'm still working on and is m...
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I plan to buy my first multi family property very soon. The problem is I don’t have hard cash. I How can I get enough cash to buy it? How can I get the lowest interest rate? I have some equity in my current house (es...
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With many seasoned real estate investors locked into low first mortgage rates and large equity positions, many borrowers and investors have been exploring tapping second position loans like home equity lines of credit...
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Hello Everyone - I am moving forward on the Inspection of a property I am interested in. Would someone with experience be willing to advise me on how the numbers are looking on my evaluation spreadsheet?
I've created...
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Hi,I have a business partner who has provided money to my LLC, which I will use to invest in real estate. The agreement is that I will do the work and give them a percentage of the profits. I'm trying to figure out ho...
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Can you get HELOC on rental property or is it only on Personal homes?
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Hi all. I am very intested in house hacking and just want to get started. The question I have is can I get approved for the FHA 5% down? I am currently a student with some cash availbe and good credit score but no w2....
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Hey BiggerPockets family, I am within 72 hours of closing on my first property! The loan officer called me yesterday and asked about a 40k student loan judgment that was just discovered. I’ve been in repayment/good st...
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I was talking to a loan officer and he had mentioned to me down payment assistance programs that they have where you will be assisted on the down payment and you will have to repay it with some interest. So now you wo...
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So I have a slightly complicated deal that I'd like to get your advice on if it seems doable. I'm purchasing a 2 unit building from family members (there are 3 owners who were given the property in a revocable trust ...