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...
Jennifer Frame
STR -bridge loan planning for conventional or longer-term financing in 12-24 months
We are an owner/builder, duo. Just completed a SFH. Great area, great credit, experienced landlords and builders. Build was completed for about 50% of the appraised value. Used cash plus construction loan. The problem...
Victor Saumarez
Recession-Proof Metros: Redfin Report
Redfin recently did a report on cities least and most likely to be affected by a recession. Least volatile were Rochester NY, Buffalo NY, Hartford CT. Most volatile were Riverside CA, Phoenix, AZ, Miami FL. The criter...
Account Closed
Car Wash
Hi Guys - I'm looking into my next investment and I came across a car wash. I like the location and the price point. I've never dealt in anything like this so I'm not sure what type of expenses to expect but there are...
David Corrales
Business or Personal Checking Account?
What kind of checking account do I need for a rental property? Will it need to be a business checking account even if I don’t use a llc for the property or would I need a DBA?
Tim Porsche
FHA Streamline Refinance Question
Hi All, I'm in the process of trying to do an FHA Streamline Refinance on an FHA mortgage I have. I've talked to my mortgage holder about this and he said I could save about $40 a month doing the refinance, with no ou...