Michael Vallee
Commercial financing question
No longer amongst the "W-2'ers" - living on rental income and capital. (Due to circumstance - more so than some freedom walkout retirement announcement)
When applying for a commercial loan - I've read that the loan i...
Andrew Abbott
Pay off Student Loans or Start Investing
Hello Everyone,First post on BP... super excited!My Question - Should I continue aggressively paying off student loans or start saving for downpayment?My Situation - 23 years old... roughly $10k remaining in student l...
Ed Chamberland
Bookkeeping for beginners
Looking for advice to get our books in order, so to speak. We now own 10 units - our first deal. Should we hire a local bookkeeper? Use a new app? Use property management software? Open to ideas. Thx
Pedro Oliva
Does the rent count towards paying off the mortgage?
If I get a property under a land contract say for $100k and the monthly payment is $700, will the $700 payment pay down the $100k?
Jennifer A.
Refinancing a rental property
I purchased a property at a foreclosure sale for $150,000. I paid all cash for the property. That was in May. I'm now trying to cash out on the property. I have put about $8k into the property. The property is...
Jean Pierre
If you want to buy and hold properties how does one qualify?
I'm looking into buying a condo to keep for a year and Rent and buy another one. How does one qualify for the next property and be able to keep the existing one? Let's say I have an income of 120k and min payments of ...
Jason Kenyon
Please Help! looking for recommended lender for starting out!
Hello Biggerpockets family!, we started our LLC 3 months ago and have little income from 2 JVs, but really hoping to get properties under our own title, do cosmetic improvements resell and be able to grow. We were thi...
Alex Kamunyo
First Investment Strategy
Hello all,
I wanted to reach out to possibly get some opinions on my strategy for my first investment property. I am wanting to utilize the BRRRR method for the first property I invest in. The areas I am looking at ...
Dasha Taylor
Is it possible to purchase a property at 19 with a small income history?
Hi everyone! I'm 17 and I will turn 18 next April. My goal is to buy my first property when I'm 19 that I'm going to house hack. I have $14k saved up right now and I have my own business, from which I earn about $1-2k...
Jonathan Johnson
How to get Seller-Financing Apartment Buildings
Hello BP,I was wondering what I could offer to seller's as far as a seller-financing option? I'm looking at apartments in my area that go for $300,000 to $750,000 and they are relatively motivated.Do credit unions all...