Hello,Let's say there was a home to be purchased at 500K. Estimated repairs would be around 150K and ARV of 800K.In regards to financing, I wanted to come up with 20% down for a flip investment loan (100K) to purchas...
Hi BP Family,Just listened to podcast #2, @Karen Rittenhouse. So helpful from W-2 starting out to finding deals, learning the revenue model, and expanding into holding long term rentals for retirement and paying those...
I'm working a W2 job right now and my employer offers a match in their retirement accounts. However, I was wondering if it would be better to invest in their Roth option or traditional option if I know I am going to b...
Should you always tell agents how much cash you have on hand to buy investment properties? Let's say you have 500k cash on hand, should you tell agents and wholesalers this upfront so they know that you are serious an...
Hello Biggerpockets Pockets. I want to find out a play that is realistic for growing my buy and hold goals for financial freedom. I live in Phoenix, appreciation has been great during this time and my 4plex has gained...
Hello everyone, I joined BiggerPockets a year ago and I have learned so much by reading the blogs and listening to the podcast. I bought my first house in July of 2015 (505k) under an FHA 3.5% down in queens NY. Becau...
Good evening all,I've been reading the forums for several months and have been so encouraged by the success stories and education in the community! Just started listening to the podcasts and have been learning a lot t...
Many people tend to think that the Federal Funds rate controls interest rates. The Federal Funds Rate is the overnight lending rate that Federal Reserve Banks charge each other for overnight lending. (We individual ...
I have recently been learning about infinite banking via whole life insurance loan. Is it a great place to start to get funding for my first deal? Any things I need to watch out for or words of advice for that method?
Hi everyone,
I am in the process of potentially doing business with a private lender. He owns his own incorporated real estate capital lending firm, and his terms seems very reasonable. While his company is visible...