Current Situation
Own home for 5 years now in suburbs of IL. Owe $390k on mortgage. Can sell for $520k
Wife and I credit scores both in low 600’s due to cc consolidation a few years ago, still being resolved.
$50k ...

Hi
I just got a little surprise this morning. It turns out my girlfriend and I are already an incorporated real estate business called "Alpha and Omega Real Estate Servives, Inc." She somehow got incorporated without...

My hubby and I are purchasing my mom's home as an investment property. I'm trying to maneuver the best way to obtain a conventional loan without having to put 20%+ down to the bank. Possibly, by having my mom 'gift' p...

Hi All!First off thank you in advance for all your help! BP has been a gold mine for me as a first time buyer to get on the path to wealth! I plan to begin my investing career next year and have several different opti...

Hey there BP!! Has anyone had luck using private money for a down payment on a property?  I'm in north Texas (DFW) area and am trying to figure out my options to raise the cash to close on a deal.Here is my situation:...

If you own a smaller sized apartment building, 50 units or less, and you wanted to get additional capital out from the property do you have to refinance the property? Are there lines of credit? Second lien loans? Othe...

Hi everybody,I've been on Biggerpockets for a couple of years now, but this is my first time posting anything.  I've been through many of the resources this website has to offer including books in the bookstore.  I pa...

My wife co-own a 10 housing unit and 8 storage unit portfolio. The goal is for the properties to pay themselves off with positive cash flow in time so each partner has 3k in passive income. Each partner equally contri...

What is the best option right now for funding down payment of a 1st rental property? I'm building up a cash position but fall well short of the 20%-25% down required by most traditional lenders.
A fellow investor fri...

I have a property that just want to foreclosure sale a couple days ago. Joys of having tenants that don't pay. I am kicking out the tenants and plan to redeem the property, but does anyone know a lender that does rede...