Jonny Morris
To use home equity or not...?
We bought for about $363k. Put down 80k on the house to avoid mortgage insurance.
We have now put about 50k into developing an apartment above garage as our "1st property" rental. The area is growing so I assume it ...
Lawrence Cole
What is the best financing method to invest through an LLC?
Some banks have separate departments for business and consumer lending. Consumer lending seems to be more accessible for investors who are newer to the game and don't have large portfolios. Additionally, banks may hav...
Juan Carlos Castillo
Stupid Cash flow on First Property
Bought my first property in 2019 as my Primary Residence for $115k. Refinanced during COVID at 2.5%. Mortgage Payment is roughly $590 and HOA $400
I'm no longer living in the condo and renting out both rooms, one w...
John Bauer
Equity split between passive owner and experienced developer
I own a 2-fam property in Brighton, MA that has some extra land that can be developed. Both units are rented and cash flowing. I'm going to be working with a developer I know who has a lot of experience to go through ...
Stephen Barton
Mass Emails- To use or Not?
My wife and I started Solid Rock Houses a year and a half ago. We literally started from nothing and we are starting to do some deals. We have worked really hard to get to the point where we are not only finding the d...
Ryan Toth
Creating additional revenue while developing raw land
Hi everyone,Had this over in Starting Out, and figure it would be better suited here.A year ago, I had a vision for a motorsport facility which has gained significant traction and support from a number of high profile...
Andre Mariano
Planning my second deal, whats your opinion?
Hey Guys I'm a recent wannabe investor from Portugal, 24YO.My first deal went pretty decent. small 2 bedroom apartment, with furniture, ready to rent for 37k after taxes, rents for 350 a month, I'm quite happy with th...
Eric Veronica
Writing off business expenses as W-2 employee
Wondering if anyone has been as negatively impacted by the new tax laws as I have and looking for a solution. This question is directed towards other CPAs, loan officers or any other commission employees who are paid...
Tyler England
20k to back out of agreement
Hey everyone I have an interesting situation. I recently placed an offer on my 2nd 3 family and I was planning on moving into it since it has a really nice 4 bedroom unit. The offer was accepted which was great news a...
Ward Roberts
New Member from Louisville, Kentucky
Hello BiggerPockets community!My name is Ward Roberts. I am a young professional in Louisville, Kentucky and seeking to become involved, as every new member is, in real-estate investing. I began listening to BP about ...