Manny Oviedo
New Investor - How do I expand out quickly?
Hello All,
I'm new to BP, and I look forward to meeting many of you! I could use some help to figure out my next steps in this journey to be as successful as you all.
My journey started last year, April 2021 when ...
Nick P.
New to private $$ lending and asked to fund a project. Looking for help...
Hello all,I've been asked by a colleague if I had any interest in being a private $$ lender for a home flip in the Chicagoland area. I have no experience in this and I'm not even sure where to start to know how the pr...
Kellan Martz
Which city do you recommend for investing (list of 8 cities)
Hi BP. I've been researching cities to do my first investment property and have narrowed down my list:Top picks: Indianapolis, Kansas City, Cleveland, St. Louis.Second choices: Memphis, Nashville, CincinnatiWild card:...
Tony Pellettieri
Possible Solution to a Friends HML in default - Deal Analysis
A friend of mine, aka my current real estate agent, is in need of assistance. I've spent hours trying to figure out a way to get creative and help her turn her failed project, which she just got served papers on yeste...
Jane Marshal
Partnership with mortgage on one person only
Hello, Initial strategy was different, but due to change in market struck with current scenario. Two person equally shared down payment, but mortgage is on one person at 3% interest rate. Affects the DTI little bit. A...
Price Peeler
Dallas, TX LLC Formation, Steps for Getting Started plus more
Hello members,I’d like to describe my scenario and questions I have about getting started with my first rental and entity. I understand that I need to advise a lawyer, working on an understanding and plan here first.I...
Frank James Batignani
LLC Formation for Real estate Investing
Good Morning all,
I am just starting out in Real estate investing, and am wondering whether or not to set up an LLC. Curious what your thoughts/experiences are in this matter. I lean towards the formation of a b...
Ryan O'Leary
Hawaii Condo Investment decision
Hello BiggerPockets community! I joined about a month ago after I purchased my first investment while stationed here in Oahu. It's a 3 bed 3 bath condo in Ewa Beach, HI that I'm living in while renting out a room to a...
Jack B.
Cash out refinance: before or after 1031 exchange?
I have a few rentals houses that have 200-250K in equity in each. I'm planning on selling ONE of them in the next year or so partly due to the HOA but also because of other reasons. Last time I did this I just took th...
Eric Bowlin
50%/2% rules do not lead to wealth?
I joined BP not long ago and learned about the 50% rule and 2% rule. Perhaps I don't understand these rules completely?.. Intrigued I sat down today to crunch some numbers:Assumptions:Expenses = rent*.5 rent = .02 * v...