Joseph Champion
First MF. Numbers add up?
Hello all,
Been lurking for a while and decided to join. I currently own 4 low income single family rentals. I'm always searching local resources (Shreveport, Louisiana) for advantageous deals. I've located a 4 plex ...
Naeem Barbour
Would like to Buy 2 flat building and flip
Hello BiggerPockets Community,I would like to give you a brief rundown. In July I bought my first 2-flat through FHA loan that is currently house hacking. My plan is to stay there until my year is up and move out. Dur...
Angela Rosa
Trying to buy an investment property but the DTI is a problem
I recently purchased a single family home for myself. Now I would like to purchase a two family home to rent out. I have enough money to pay up to 30% down payment as well as reserves for 4 months for each property....
Candy Kimbro
How to get a second place for my college age kids!
We lucked into a rehab project and successfully run a short term rental in Bell Buckle TN. It has approximately $200,000 in equity and currently cash flows about $1500/mo ( we split this cash flow and equity 50/50 wit...
Ben Kirchner
1 Million in equity over 20 Single Family Homes - Then what?
Full disclosure, this is not my current situation, but in the 10 year plan, and I'm actively taking steps toward it.So my wife and I have been basically setting aside much of our savings, and acquiring a couple single...
Jake K.
How "Hard" is it to get Hard Money for a flip?
Hi,I was curious what the process is, and what possible pitfalls there are for someone, particularly a beginner, to obtain hard money for a flip? ty!
Trevon Peracca
Got preapproved for 290k - Lender requires 25%
I got approved for a conventional small multifamily investment property loan. The lender requires a 25% down payment. When I said I was looking to seller finance or get a hard money loan for the other 25% they said th...
Steven Rosenfeld
Struggling To Find The Path To Passive Income
I did W2 for 30 years as in corporate IT. Dabbled in real estate but never went for it big time - bought and sold a few primary residences and a couple of condos over the years. Now I'm 56 and hoping to never work for...
Sophie Grizzle
House Hacking My First Investment Property!
Hey Everyone! I'm super excited that 2023 is going to be the year I buy my first investment property. I just relocated to Pensacola, Florida and I'm on the hunt for a deal. I'm planning to use my FHA loan to buy a sma...
Rob Beland
Hard money loans to business entities
Can somebody @Ann Bellamy please explain why hard money lenders only lend to business entities and not people? I'd specifically like to hear about any Massachusetts laws/regulations. Thank you.