Hey guys! I was wondering the pros and cons of using a HELOC to buy rentals. Personal experiences and how the terms were with your bank for the HELOC. I feel like its a good strategy and I'll most likely use a HELOC o...

I'm trying to figure out the following scenario but need your help.  A relative of mine wants to invest 100k in real estate, only if it will show as a loss on his taxes.  He's not a real estate investor but has cash t...

With FHA loan, the borrower has to live at primary residence for 2 years before he or she can sell the property. Is this correct? Any advises would be greatly appreciated.David

Hello everyone.I am a new investor and have not done my first deal yet. I'm in the middle of reading the recommended books and going through "literally" all of the bigger pocket podcasts.I understand the 1% guideline,...

Really enjoyed the most recent podcast with Fat Tony. Personal finance and saving should be a larger component of the REI discussion, and it seems that Tony got started with a lot of good saving and living habits. So ...

Hi all,
I am a first time home buyer and currently lender shopping.  I already have a pre approval letter from one lender.  Should I continue to shop around and get additional pre approvals, or should I start looking...

Hi all,Does anybody have a reason why we use a higher reversion cap rate in our analyses besides for the sake of being conservative?I've heard that one should add 10 basis points per year to the purchase cap rate to d...

So, i bought a triplex in Keene, NH in March of this year. This is my first property, so it's all very new to me. My insurance agent gave me a great quote on the house that was cheaper than all the competitors. I ende...

An age old debate, but… with a twistHello BP, I am new here so 1st off, hello! I’m hoping to get a little advice. Well, in a round about way.This is a hypothetical (and over simplified) question with relative numbers....

https://www.biggerpockets.com/blogs/10278/67324-how-i-got-paid-10k-by-purchasing-a-10-unit