Alex Ng
100% LTV properties
Hi, I'm looking to scale my portfolio. I was thinking of purchasing small multifam 2-4 units with DSCR and using personal loans to cover the 20-25% DP. I choose multifam because they have higher cash flow. I ran some ...
Michael R.
REI Plan
Hi,
I've posted a few times for advice but recently I have made the move to leave the world of being a rental tenant in order to live in a multifamily property and rent out one unit to offset the cost.
...
Andy Bills
Rent or Sell - huge mortgage or upgrade in Bay area?
Hi BiggerPocketers:Howdy all? Here is my situation.Current primary home (A) has 440K loan at only 3.6% 30 year loan. The property shows a zestimate of 1.5m though for all practical purpose it will probably go for 1.3m...
Andrew Pappas
LLCs, asset protection, and taxes for rental properties
I've read a lot about the asset protection plan of buying a property in your personal name with conventional financing, then quit claim the property into their LLC. My property manager told me he's seen people do thi...
Michael Cote
How does a HELOC effect a deed with multiple people on it?
If my sister, my brother, and I are all on a deed to a property. What happens if one of us takes out a HELOC on the property? Do they have get the approval from the other two people to even get the HELOC? How will it ...
Justin Howe
How to Structure and Propose Lease Option to Seller
Hello BP,I found a seller who wants to sell her home because she's having a difficult time maintaining the property by herself and making the mortgage payment. She's owned the house for 10+ years and has equity. When ...
Chad Jarrah
Improving my business
Hello Bigger Pockets community, hope everyone had a good holiday. Had some questions on my mind for a while but wasn't sure who to ask so figured I'd pose this to the community. I've been investing in real estate for...
Steven Parker
House Rich, Cash Poor
I purchased a single family house hack in Tacoma Washington February of 2020. Roommates have been covering the mortgage, so I've been able to pay off a lot of my credit card debts. I've been fortunate to benefit from...
Steven Knox
Long Island long winded introduction
I've been reading BP for a couple of months now and figured it was time to have the typical introduction post. I'm a 26yo mechanical engineer working in NYC and living on Long Island. I'm getting married in August and...
Jeri Clark
BRRRR
Hello everyone!My husband is a non-believer in the BRRRR method and in leveraging in general. He says that this won't work in the areas we invest in which are the 32218 and 32226 zip codes in Jacksonville, FL.So I'm ...