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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $50,000
Cash invested: $65,000
Sale price: $219,000
Fix and Flip! Before & After
What made you int...
First off, I have to say that I have seriously loved bigger pockets. It has completely transformed my outlook and my life! I cannot say enough about the amazing advice and basically free education I’ve received. 4 yea...
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Hello All
I have a pretty good grasp on the BRRRR method and how it works (I think). The only thing I don't fully understand is the financing to purchase and rehab the property. I've called several banks and in gen...
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This is what I want to do. I want to apply the BRRRR strategy to a house hack. A lot multifamily properties in Los Angeles exceed the FHA loan maximum criteria (no surprise). Right now, I do not have enough cash for 2...
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I've been interested in investing for a while now but I have also been a broke student for the past 3 years. Now I have graduated from law school, taken the bar exam, and realized that I don't want to work 9-5 for pa...
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Hey, Bigger Pocket community! First of all, just want to say this community offers much information and positive energy that it really helps motivate people like me to push what was thought to be undoable! Having said...
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Anecdotely speaking, it appears the turnkey operators are taking advantage of the uneducated investor. I have no stats just my impression.
Do you think a turnkey company that could JV in the deal would be...
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Hello all!I am currently reading books and educating myself about private lending. I am interested in jumping in, but I am not sure if I have enough money. I have $110k ready to invest in Florida. I would like to fund...
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If you’re a borrower looking for financing options for your investment property, your only options are to reach out to conventional institutions (banks), mortgage companies, and direct private money lenders.
However...
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Hello!I would like to know if I want to finance a property using a new LLC, are DSCR loans my only choice for financing?Thank you!