I have a friend who has been offering to lend a small amount of money ($20k-$30k) for my rehab projects. I have been ignoring him because I am kind of scared of the unknown since currently I use HML and personal ...
Is it common for an attorney to be competent in the areas of business, accounting, tax, AND real estate? Since I'm new to rehabs and subject to deals, I feel that paying for professional guidance up front will teac...
Greetings. I’ve been following this blog and occasionally posting and decided it was time to introduce myself. I’m a stay at home dad who also builds a half dozen spec houses a year with a partner in Virginia. I ha...
Why are people generally not ok with “feeding” a rental property with negative cash flow, when they basically do this every day with standard retirement accounts? What’s the difference between putting extra cash into ...
I'm wondering if I could buy a home with an attached garage and use 203k to convert the garage into a studio apartment which I would live in while renting out the rest of the house. Obviously, this would be dependent ...
Hello everyone,my name is Dimitry Adonis. i am new to biggerpockets as you can tell by my post title. i am currently employed as a Financial Analyst at a major financial institution in the New England area. I hold a m...
Hi, I'm a newbie to BO but I've been doing a good but if research to actually moving forward with getting a deal. I am located in Denver, Colorado and am undecided on whether going for a single or Multifamily property...
Hey everyone, This week I signed my first contrast for a duplex and went to two different lenders in my area for pre-approvals. My question is which loan is better in the long run. I am purchasing the property at 125k...
I want to buy houses/condos at property tax auctions and do minimal work to fix them up and then sell them quick. My plan is to make this an official business and do it full time, probably 5 or 6 houses per year to s...
Hi, Bigger Pockets. I just made an offer on a Duplex In Pittsburgh, PA and it was accepted. The units are both 2 bed room and 1 bath. The bottom unit is currently rented for $850 and I believe is low. The upstairs uni...