I'm tired of looking at properties in Florida, while I live in NYC right now. I would like to pick up a decent property with good schools within a 3 hour drive from NYC. Prefer somewhere with skiing nearby (at least I...
Hi All, I'm very new to BP and just participated in a BP get together this week in Houston. I'm interested in being a hard money lender, but have never done it. As a licensed agent with a very analytical background, I...
I had a great conversation with a gentleman this morning and I'd like to relay his story to see what y'all would suggest he do.Bought a 3 bed 2 bath 1500 square foot Ranch with good proximity to downtown 6 years ago f...
I plan to buy my first rental property in a few months. I have money saved up. I have met with several bankers. I am learning to analyze deals. I am about to contact a real estate lawyer to set up an LLC and obtain...
Here's the breakdown of the deal:9 unit multi-family in B area. Purchase Price: $450KFinancing: 25% Down, 3.25% 5 year ARM, 15 year amortizedAmortized monthly payment: 2371 ($28,452/yr)Additional Interest Payment*: 26...
I want to do a cash out refinance and was wondering if I should it it two stages. Goal is to pull out as much cash as possible to use towards next deal.-Credit score is around 625. It’s low due to high utilization (&...
Greetings, I am new investor just getting in the game and trying to raise my own capital (not into hard/private lending at this point). I am secure with my pension and 457(b) plan that I don't plan on touching (still ...
I work as a bartender in New York City. 3 years ago I met an undocumented immigrant with whom we are now workmates and very good friends (We are both in our early 20s). He has always been a person focused on finance...
When looking at a house to rehab, how do you find the the EQUITY in the house?
Hello, Bigger Pockets community! Should I set up a DBA as a sole proprietor and open a separate business bank account for paying my mortgage and all property-related expenses?
I am in-contract for a multi-unit proper...