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Results (427)
Kathy Henley Back on the Market, Six unit in St. Louis
30 March 2015 | 3 replies

We presented our counter offer on a 6-plex, when another party crashed the party and offered full list price. Who does that in St. Louis! We were out of the deal. Getting that far was very exciting. It meant a quic...

Stephen Groves Refinancing Advice Needed! Refinancing a contract for deed.
9 June 2019 | 7 replies

Looking for some advice on a refi.  Here is the situation.  Currently in a 15 year contract for deed.  Original loan was 90k @ 3.5%, still owe 65k.  Approximately 10 years left on the loan and my monthly payment is $6...

Myles Wisdom An Investor's Greatest Enemy?
5 July 2014 | 12 replies

I was reading a short article today that said something that I found interesting: "an investor's greatest enemy is not really the markets or lack of resources, but really the investor himself". I do believe that those...

Giles Smith Newbie from Metro Detroit, Michigan
22 April 2015 | 14 replies

Hello Bigger Pockets,I am a long time lurker and occasional poster looking to network and learn.Several years ago, before online poker was destroyed with lawsuits, I was a professional, online poker player.  I read bo...

John White 30 Year Fixed @ 4.625% or 7/1 @ 3.75%?
7 March 2015 | 7 replies

Good Morning...I'm closing on my first investment property and opted for the 3.75%, 7/1 ARM, over the almost 1 full point higher 30 year fixed.  What do you typically do, when using conventional financing on a deal, a...

Dave Ketcham Cash-out refinancing as a tax strategy for retired owners?
27 June 2015 | 3 replies

A business partner of mine is in a partnership that owns an apartment building worth about $3M.  They've been upgrading units as they've become vacant, which has reduced the monthly cash flow temporarily with expectat...

Glen Emery Large Umbrella Policy vs. L.L.C.
14 February 2017 | 4 replies

Could someone please give advice on if I should buy my first U.S. property in my personal name or in an L.L.C.? I am Canadian and it's been recommended to me several times by accountants to just buy my first property ...

Dale Vance Cash out refi to buy more real estate.... why?
5 April 2018 | 5 replies

I hear all the time these investors who talk about buying a property, fixing it up and then pulling all the money out to buy another property.  What I can't understand, is that if you pull 80% of the equity out to buy...