Nick Stango
How to estimate a purchase price on a foreclosure fix and flip?
I'm looking to get started with fix and flips, I'm not 100% on how to estimate what to offer on a foreclosure. Is there a rule that I can use? I've heard about 65% of ARV, is that minus repairs? So if an ARV is $200k ...
David B.
How to use a million dollar line of credit…
Hi everyone! I’m looking for advice/strategies on how to use a 950k line of credit that is provided to me through my bank. This is due to the assets they currently manage in my behalf. I’d really like to utilize this ...
Yechiel Mor
Getting financing with a DIR (debt income ratio) of 60%?
Any suggestion for investment lenders that have no DTI?
Or any other ways to go about this?My DTI is 60% due to a personal home mortgage but I have $65,000 in savings I want to use on an investment property. Anyone b...
Sunny Burns
Single income Family buys 11 units in the NYC area in 4 years
When I was 21, I stumbled on the BiggerPockets Podcast and it changed my entire trajectory in life.
I consumed countless episodes and book recommendations and started to learn about this hitherto unknown world of Re...
Michael Henry
First Multifamily Deal
Investment Info:Small multi-family (2units) buy & hold investment.Purchase price: $78,000Cash invested: $22,6001930 2 unit duplex well taken care of move in ready. What made you interested in investing in this typ...
Yehoshua S.
Bank loan for investment property with low income
Hi, can anyone help me out with this? I'm currently in the process of syndicating my first multi-family (portfolio of several properties 2-4 units) deal with private equity investors. Can I apply for investment bank l...
Bienes Raices
How to identify aluminum wiring?
I'm in contract on a house built in '75, and I don't want to have the same issues I had last time and waste money on inspections...is there an easy way for an amateur to see if there's aluminum wiring? Can you tell by...
Michael Woods
VA and Refinance idea
Do you ever feel like you have an amazing idea and think there is no way someone else hasn't thought of this already? Well, that's where I'm at right now. So I am a veteran and I am eligible for a VA Home loan. This w...
Colton Wasieleski
Mortgages, LLCs, and creative financing options
Say you reach your limit on conventional mortgages, could you potentially, with permission from your lender so there is no call on the note, transfer these conventional mortgages to an LLC and obtain more of these con...
Amery Castaneda
RE IN McAllen Texas
Hello,Any advice for beginners investing in out of state McAllen Texas? Preferably condominiums? I’m from the Bay Area and there is no way I can start in California. Also, I found a condo 2bedroom 2 bath with an annua...