So I am looking for a house to brrrr and I decided to be responsible for once instead of just jumping into something and made sure that I would be able to refinance out of a deal before I jumped into some hard money I...
Hello all. I have ~$24k in car loans for which I had a plan to get paid off in a few months, while continuing to save money to begin investing in real estate... to date, we have accumulated close to $30k, kept in a “...
What is the fastest way to scale up as a real estate investor and create life changing passive/active income?1) Was it investing into several single family homes, building up a successful track record and presenting s...
I am not understanding the 1031 exchange process quite right. Is it true that when you do the 1031exchange and you do not spend all the money on the next purchase that that money will get taxed as capitol gains. As an...
Hi everyone! I'm new to the BiggerPockets online community (though I've been listening to the podcast for years) & excited to catch up on all of the forums. I'm looking to get opinions on which Boston suburbs/neig...
OK, this idea intrigues me. I was browsing FCI Exchange today.
Questions:
1. If I want to buy notes, do I have to be licensed as a lender or servicer per the SAFE Act??
2. Would I have to service the loans? Or ...
A seller finance note:
Property buying price: 315k;
Down:100k;
Financed amount:215k;
Term:15 yrs;
Terms remaining 14 yrs and 5 months; (174 payments)
Interest Rate:5.75%
Monthly payment: $1748
Note asking price 200k
...
I’ve been told twice now that using my primary residence as my first rental property would be a good move. I’ve thought about it and I’m starting to agree, I would just like some feedback on the approach I want to tak...
Hello BiggerPockets community,I wanted to get some feedback on my strategy to fund my kids education using real-estate. My older one is ~14 years away from college and younger one is ~18 years away from college (if th...
Hello all! I know this one is tough! I'm trying to get started with NO MONEY, which is almost impossible. I've read plenty of books that say it's possible. I've even found a few properties that will do owner financing...