Two partners are working on a deal for a small multifamily (under 5 units) and getting a standard mortgage.One partner provides a bit more experience and about 3/4 of the capital.  The other partner is securing the lo...

I would LOVE to hear about how you've all come about obtaining the financing needed to reach, or attempt to reach your real estate goals. My husband and I currently own 3 properties, all of which were purchased within...

Hello citizens of BP..  Has anyone dealt with Credit Repair companies or anyone that specializes in Credit Repair? I'm trying to improve my credit ASAP to qualify for a loan. I have about 3 credit lines in good standi...

Hello,I will soon be purchasing a first of hopefully many income rental properties in good cash flow markets such as Indianapolis and Birmingham.  However I also want to remain in a good position to buy a new home for...

Hello there bp. I have a question I've been pondering for about a week now and can't decide. I bought my first home which is a fixer upper a year and a half ago for 125k since then payed it down to 122 with plans to p...

I'll start by saying it is my understanding that when buying property in the $20k-60k range, I'll be bidding against cash-buyers. Let's say I find a $50k property I like and I pay cash, then take out a HELOC. Then I f...

Hello BiggerPocket Family.....I need some general financing advice. We are somewhat beginners in real-estate. We have 6 doors of which we purchased utilizing 401K funds and refi cashouts. We have a combination of LTR,...

I am looking to borrow 50k from equity in a 4 unit investment property to use as a downpayment on a personal residence.  I know this is rare and no one does it. Let me know your ideas on how to borrow 50k! Thank you !...

Hi all, I tried searching but could not find the answer. I have two questions that have been on my mind for a while and hopefully someone here can answer them.

1. Is interest from hard money loans tax deductible?
2....

Over the past few months I have began to acquire more rental properties (outside of another partnership I have). I took a HELOC out on my personal residence to purchase and rehab the first property and and am in the p...