Juan Alvarez
Pre qualification letter
Please explain the pre qualification process on a loan. I currently filled out a questionnaire from a broker but now he is asking to completea , “document checklist with a list of documents needed for your loan qualif...
Zach Kirchoff
Gap Funding/Lines of Credit
New to the community here. Medium sized flipper here out of Minneapolis doing between 40-50 deals per year. Looking for insight into borrowing money to cover down payments and floating capital between renovation draws...
Chris Mcalister
deal or no deal? phoenix area multi
so here is my 1st deal, please let me know your thoughts.4 unit multi, 3, 2 bedroom 1 bath apartments that currently rent for $600, and a detached 3 bed 2 bath SFH that is rented for $985.There is coin op laundry on g...
Derek Sperzel
Weigh in on my plan to increase liquidity pre-correction
With all the talk of a Real Estate Correction looming, we've been self-educating, and considering different ways to prepare. We understand that being highly liquid is especially critical for acquiring deals during an...
Jethro Stoltzfus
Paying off my personal home mortgage or saving for an investment property?
Last year, I purchased a home with a 7% interest rate. I made a substantial down payment, so I could potentially pay off the house in about 4 years with my current income. I'm 23 years old and plan to use real estate ...
Ryan Haines
Newbie in Houston, TX
Hi All,My name is Ryan Haines. I am 23 years old and recently graduated from Texas A&M in May of 2015. I am currently living in Houston, TX and working for a small software company in The Woodlands, TX. My commute...
Anthony Maffei
How to Best Leverage $500k in Equity for Additional Income
I purchased a two-family property in 2017 and now have around $500K in positive equity. My goal is to leverage that equity for additional income. I’m a full-time sales professional at a global GSI, so I’m seeking rela...
Ingrid Nagy
Some battles in landlording
We see a lot of posts related to leasing, screening tenants, increasing cash flows, analyzing investments, etc. - the positives of rental real estate. Sometimes we encounter situations or the unexpected that we have ...
Iryna D.
LLC business account for Canadians
Good day Biggerpockets community!We are investors from Canada and just starting out in US market as well. We have registered an LLC in US, and I am looking to open a business account for it (we have an account for per...
Arlan Potter
No reserves necessary
I have seen a bunch of questions about reserves for things like vacancies, major repairs, and capital improvements. In my opinion, these are not relevant to my rental empire.I try to find properties that at a minimum ...