Hey everyone new investor here. I have been reading the Bigger Pockets book on, Investing in Real Estate with Little to No Money Down, and I am wanting to understand private lending a little more. I have a few questio...
Hi there, I am looking for my first House Hacking investment and planning to use an FHA loan, I am currently located in Chicago, IL.
Question 1: Can I apply for FHA under my name, live in one unit and then, rent th...
I'm a newbie to rental real estate investing and I'm doing my research and education. I've read and listened to some books and podcasts, but I'm sorry I'm a little confused about the 1% rule. As I understand it, if th...
Hello BP Community,I have been vetting some property management companies (Manager). When looking at contracts, I am seeing a theme of indemnity clauses. The Owner would be on the hook for the negligence of the Mana...
Hello all!After an hour or so checking the forums, I was unable to find a clear answer, so I thought it best to just ask.I'm looking at a multi-family property currently held by a Florida land trust. There is no mortg...
I'm pretty new to bigger pockets but I love the community! I was just wondering if anyone knew if you could 1031 exchange an existing rental house into a construction project rather than an existing property. Thanks!
I purchased a rental 4 years ago for $40k (no mortgage) and it's been rented for the first 3 yrs then last year I decided to fix and sell. Spent $100k (no loan) on repairs and upgrades and I have an agreement of sale...
My wife will be inheriting a 50% ownership (her sister the other half) of about 60 out-of-state rental units in the very near future. We all want to keep the properties and continue running the business and so I'm try...
Hi Everyone,I am looking for some possible alternatives on paying back a private money lender. If I was to borrow lets say 100K for a down payment on a property I am currently speculating on. My current strategy would...
Hey BP!Got a couple off-market deals I'm considering in Northern CA but I've got some "newbie" dilemmas going into them and it's this - these deals seem like great deals (like $50k-$100k less than what they are worth)...