Can someone explain the velocity banking strategy? I have seen the concept explained as a way to use a HELOC to pay principle only checks to your mortgage as a way to pay off a loan in an extremely short amount of tim...

I signed up a few months ago and didn't get in the game.  I'm changing that today with this.  I need to be involved with other, like-minded real estate investors.I live in Eden Prairie, MN.  I am a buy and hold invest...

hello everyone,New to bigger pockets and new to the REI market. I've been reading countless websites, columns, forums/ etc. and couldn't be more excited. Quick background to my situation is my wife and I own a home (w...

Got my first tenant.  He was in a rush to get away from living with a alcoholic brother.  He is soon gaining peace of mind.:)  broke over a half dozen clauses in my lease currently by moving in.  This is low income ar...

Hey BP Folks,Was hoping I could get some advice on the below MHP deal that I just got under contract.  I have not started the core due diligence yet, but from the surface and analyzing the preliminary numbers I have r...

I don't know why I'm stuck on this...a bit of paralysis I think.

I'm looking at a $200,000 4-plex in a below average area. Not gang infested but the neighborhood isn't really kept up. Also, not a lot of comps...

Hello all, I just discovered this forum and I cannot believe what a great resource it is. I am currently looking at a few options and I am struggling to find what I think is the most strategic answer so I'd like to la...

After reading through BP's "How to Invest in Real Estate" I decided to run the numbers on purchasing a rental. In fact, it's the townhome I rent right now in the Rice Military area. However the numbers just don't add ...

Hello, My name is LaShonda. I am 22 years old and I live in Benton, Ar. I have always watched home flipping shows on HGTV and found it very interesting , and recently after praying to God to lead me to a prosperous fu...

Hello BP Community,I am looking to do my first property flip, but am needing to get a little creative on the financing side due to minimal cash on hand. Although my liquidity is limited, I do have a decent amount of c...