Alyssa Teepen
Cash out refinance clarification
I recently took out a HELOC on my primary mortgage and have used this to purchase a home for 32,000 with rehab cost of 150,000 and ARV of 220k. The goal, initially, was to sell this property, however we would really l...
Scott L.
I don't understand when people refi and "get their money back"
Please excuse my ignorance in this post, but I listen to podcast after podcast on my drive to work.This morning I was listening to Bigger Pockets Podcast 210, about a younger couple starting out, purchased their first...
Katie Fairchild
Income is due to caring for seniors in my home, different rules?
It has been a LONG time since on BP. When first on here, it was in a desperate measure to find funding for opening my home to seniors and concerns my business caring for them would fail. Things turned out well with c...
Chad Jarrah
What should I expect from a Private Lending Offer?
Hello! I've been flipping for ~10 years now (just very slowly - 1-2 per year) and have done well on each one. I've taken the profits and invested them in 4 rentals (and a personal res) over the course of that time. Th...
Jonathan Acosta-Torres
22 year old Military member from Abilene, TX
Hi guys,My name is Jonathan and I'm an IT technician for the US Air Force. I recently became very interested in owning real estate as I see it as a great opportunity to take my financial future into my own hands. I go...
Paul Klempner
Any tips for a beginner
Looking to do my first flip in the next couple months! Would like some tips.Where do I find deals?How do I structure the deals?Does cost of materials come from loan?I have been doing remodeling for years and plan on d...
Frank Martielli
Middlesex County - Homestyle / 203K Contractor Suggestions
Hello All,Wondering if anyone knows of a decent contractor that does work in Middlesex County that has experience with the Homestyle process,This would be on a single family, owner occupied home. I'm familiar with bot...
Corey Dutton
Hard Money Loans - Are They Really that ‘Hard’ Compared With the 1980’s?
Hard Money Lenders aren’t the “loan sharks” that the general public would like to assume from the use of the words, “hard money.” The term “hard money” brings to mind the idea of mobsters breaking the kneecaps of del...
Rhett Kelton
Constructing a new Mixed-Use building
I'm looking to see what positives and negatives you can see in this project. (From the lawyer: This is NOT a solicitation for funds. We are set up as a 506(b) corporation)I purchased a FSBO in a up and coming neighbor...
Cory Melious
Seeking advice on first BRRRR purchase
Hey y'all;I'm looking for some advice on my first rental property purchase. The plan is to purchase this place for about 25k under value. It needs about 5k worth of repairs and a tenant in one of the 3 vacant units. A...