Hey everyone! Hope you all are doing well. My wife and I just moved out of our primary residence (held in our individual names). We are now going to rent the property at out as a traditional rental. I know an LLC is i...

A property with two mortgages is coming up for sheriff sale. The second mortgage, which is a construction loan (and twice the amount of the first) is foreclosing on the property. I was under the assumption that the fi...

Hi, I've heard before that for investors usually the idea is to run from new constructions. Can anyone explain why that would be? I'm interested in new duplexes being built in my area that start out base 100k+ less th...

Me: $85k in 401k, $18k cash, $5k liquid investments (Robinhood). Credit score 780. Owe 100k on primary. Started the refi last week and will need $7k ish cash at time of close. ($3.5k or so is escrow which will be refu...

I’m setting up quickbooks and trying to figure out how to record a few things.

-Rent do I set the up as a bill or invoice?
-when the renter does not pay so I have to pay to cover the mortgage payment how do I record...

Hello BP!Do you guys have any recommendations for lenders who do not require a seasoning period? I am trying to refi some properties in Columbus, Ohio. 

    Hi everyone.  I am new to Bigger Pockets, but I was hoping you might have some advice for me...  I have a situation where I recently fired my PM in Arizona, because she was taking advantage of the fact that we li...

I was the high bidder last night on a dive that I found on Hubzu.com. I'm thinking of wholesaling thed deal. I think there's a little room for profit. My question is, I haven't even received the contract from Hubzu...

I am closing soon on a property that I am financing.  My plan is to do a quitclaim deed after closing to get it in my LLC's name.  Obviously one thing I want to be sure of from a legal standpoint is making sure I am t...

Hello Forum,

Is anyone investing in Mexico that would like to connect as a colleague here?

Thanks! Penny