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My buddy and I started our own LLC to finance cash purchases of houses to flip. We are working with a local GC under the agreement that the profit from the flip will be split 50/50 with the GC and our company.My quest...
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I am a "traditional" LTR guy, you know? ...But I have really itching to get into STRs or short term rentals (specifically vacation homes). I'm currently working on quite a bit right now but would like to create a plan...
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Hi all, This is my first post on bigger pockets! I am looking at a muti-family in my hometown, an old mill town that is finally starting to see some appreciation (6% this year).Asking price is $200,000- 4 units. It wa...
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Thanks in advance to any/all feedback. I presently own a two family rental in the North burbs of Boston. I have a little over 100k in equity but the market here has been crazy and I was thinking of selling it to buy...
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I am partnering with a mentor on a home flip but his expertise is more on the contracting side than the financing side so I figured this would be a better place to ask.
The home isn't on the Mls, it's not even techni...
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Hi BP friends, been lurking here for awhile learning everything I can. I hope to buy my first rental (or an ambitious 2?) by end of year. So far I've read Real Estate Rookie, and am currently reading the BRRRR book, p...
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Our very own Scott Trench has written an amazing book called Set For Life: Dominate Life, Money and the American Dream . On this episode of The BiggerPockets Podcast, he talks about his book, how to get ahead in life,...
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Looking for feedback good or bad, for using a HELOC from my personal residence to finance the down payment on my first SFR. Thanks in advance for any advice.
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Hello Everyone,I am currently a 20 year old junior pre-med student in college. I've always considered this as a "backup" in case I couldn't get a business set up by the time I graduate. Well, I'm beginning to realize ...
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Hey BP. Currently have an offer in on a property. The seller/owner is willing to do owner financing. Zillow has it for 200 + and the county has it listed as a multifamily. We have agreed to write up the contract for 1...