Diego Corzo
Best way for investors to buy rental property in Austin
Hey BP,
Two friends and myself want to buy a rental property (SFH) in Austin, Texas.
We want to get a conventional loan paying 20% down.
What will be the best way to go when we structure the purch...
Kristie Laufer
Private money lending
Have you ever faced difficulty securing private funding? How did you overcome it?
Account Closed
Jumping from shiny object to shinier object a bad thing?
I'm currently reading the Ultimate guide to REI and I stumbled upon this blog post here: http://www.biggerpockets.com/renewsblog/2011/1/14/are-you-investing-in-real-estate-with-clear-intentions-do-you-have-a-plan/My ...
Michael Merritt
How much wholesaling revenue for LLC s-corp taxation to work?
How much income does a wholesale business need to generate for an LLC with S-corp taxation to make sense? For example, let's assume my day job satisfies my social security tax and the wholesaling business does the fol...
Hyun Park
Starting Real Estate as a high-income worker(Engineer, Doctor, Lawyer, etc.)
Hello. I am looking to start Real Estate(primarily focused on House Hacking and SFH if it goes well) as an engineer after graduating. In terms of loans, due to high income, loans won't be an issue but since I already ...
Cole Drennan
Accepting new tenants
We have one of our properties for rent and are accepting applications. One of the applicants reached out stating his credit score is 550 (our requirement is 600) but his wife’s credit score is 750. I informed him that...
Sarah Lorenz
Hard money and 1031?
If I am buying a new property or multiple properties out of a 1031 exchange, can I use a hard or soft money lender, so that I can also get money for rehab? I would refinance if I am going to hold the property, but if ...
Bryan Ellis
Short sale purchase from an estate
Does anyone have any experience in dealing with short sales from an estate. I have tended to ignore them but there are several coming up in this area that I'd like to look at. A few questions come to mind
1. First...
Jorge Abreu
Risk Tolerance and Scaling
Let's talk about risk tolerance and how it evolves over time. Funny how, as the years roll by, there’s been a major shift in my approach. In the beginning, I was all about caution, approaching smaller deals with a sid...
Ryan Keenan
Va streamline refinance
I'm in the process of using VA streamline refinance. Everything sounds good but I am concerned about the escrow. The lady on the phone said that the old escrow will not transfer to the new escrow account, instead the...