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We have 9 single family rental properties which are financed through Fannie Mae. You can only have a Max 10 Fannie Mae loans...so we are looking into our banking options so that we can grow our portfolio further.
We...
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If you had $50k to invest...what would you do with it?
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Hi Everyone,I'm trying to assist someone in obtaining a loan. The person in question:Owns primary residence (300K)Has +-300K in equitiesIncome of $35,000They took out a HELOC and used those funds to buy a 4plex for $1...
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Is anyone doing medium-term rentals in Baton Rouge? I'm getting ready to buy my first investment property and trying to figure out my market. Baton Rouge seems like it could work well because of the hospitals and univ...
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The book i am reading said that if you take into account a 5% appreciation rate of property, you can potentially become a millionaire by buying 1 100k house a year with 10k down payment for 10 years.
my math is awf...
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Pros and cons of renting to people you know? We have some interest from a few acquaintance/friends about our rental. We’re building a business and this is our first owner occupied duplex. What are some tips to keep th...
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Can someone please explain wholesaling to me as if it were in a “Wholesaling for Dummies” book? Please.
I hear it over and over again on all the BP podcasts and still can’t understand it. Hopefully information in wri...
Hello everyone- Please keep in mind- that this post is of my opinion only, based on my knowledge of the US economy and real estate markets. Now, this discussion about a bubble and a crash in the real estate market has...
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BP mastermind,I wanted to share the story of my very first deal. It's not the best deal ever, but I had to start somewhere after 6 months learning the theory (a lot thanks to BiggerPockets's mantra of taking action an...
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I am happy to say my first BRRRR is officially completed. We purchased a property November 2016, thought was going to take 3 months to renovate, ended up taking a year, got rented right away and then nothing for 7 mo...