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Hi, all. I'm looking for some advice to share with my 18 yr old son. My wife and I currently own a lake house that we rent weekly in the summer. We have had several inquiries from our guests about pontoon rentals in o...
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Hey everyone! Just wanted to share my experience with my first investment property and get some discussion going! When I bought this property I was 21. I used an FHA 203K loan to fund it.I didn’t even have money for t...
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What are my options to get a loan under LLC using my portfolio? We looking to buy a 18 unit building (asking $190,000). Needs rehab (estimate...
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Below is the proforma given to me by the broker for a 22unit in Sumner Washington:My calculations - I need to pay 2.4mil + 200k for rehab rolled into the loan to make this syndicated deal work. What is everyone's thou...
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Good evening. First, thanks to everyone who gets involved on Biggerpockets. I have sent many, many hours on BP learning a ton from the experience of others.
I have found a property that will have more than ad...
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I'm looking at a deal on a 6 unit (2 bedroom 1 bath x 6). The current owner is only renting 5 of the 6 units, and the 6th unit has a live in handyman who doesn't pay rent and works for "free". Current gross rent is $3...
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Hi BP community, my name is Dan Barman. I'm a pro studio and touring musician (drum set) living in the Williamsburg neighborhood of Brooklyn, NY. My wife and I currently have most of our investments in various stocks ...
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Hello all, I am Eric Tao, active military currently stationed at Fort Hood. I am looking to start investing in the Killeen/Cove/Harker Heights area and am looking for duplex properties at the moment. Any advice for du...
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I found a duplex and the cash flow looks promising. the concern that I have is that the duplex has a 2.5 detached car garage. Before moving forward in the offer process, I want to know if there is any cheap ideas to i...
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My mom has had a reverse mortgage for almost 10 years. Because of medical expenses and the loss of her and my dads job she now owes about what the house is worth. Now that she has gotten older she is having a hard tim...