Home Value as is $125 KPurchase Price - $70 kThe owner I would be purchasing it from is losing it to the bank and wants to continue to rent with the option of purchasing the house back in 5 years or less for 90 K.I ha...
I am in the process of looking at single-family properties for my first rental. I don't have any cash on hand for the cash reserves. Is it important to have the cash reserves already saved up BEFORE you acquire a rent...
Hello, I hadn't given much thought about the type of business to register when starting in REI until I read this post by @Brandon Turner: https://www.biggerpockets.com/renewsblog/2016/02/2...LLC just seemed like the r...
Hello seasoned investors, just recently joined BP and seek a little guidance from experienced rehabbers. Thanks in advance... My wife wants to get into RE investing and her entry plan is to rehab fire damaged homes, h...
Hello everyone, I'm new to the REI world and also BP. I had a question about Turnkey companies. Do they allow you to finance it through a broker or do they want cash up front usually? One of my family members told me ...
I am starting up my LLC with my wife and am wondering if we need separate LLC to manage the assets from the LLC as property investment?I have one property paid off and second property under a mortgage which I want to...
I am having trouble funding a tiny home on a resort in Fl. The tiny home is around $70k and the small lot is around $70k. Every bank I have talked to is terrified about loaning on a tiny home and even more terrified...
Hello Bigger Pockets family! My name is Shinnah Brown. I currently residing in New Orleans, LA. I currently own 2 homes( primary residence, and SF rental) and just put an offer in on a 4plex. I'm still getting my feet...
Hello all. I looked over the hard money lenders on BP and I am unsure which direction to go to fund my first deal. I am looking at deals that all in after repairs will likely be under 100k. I am in SC if that matters...
Hello, I am in the central Texas area. I have just sold my home, and have enough to put 20 percent down on a new home. My plan is to buy an empty lot and have my father build a home on it. He has 15 years of experienc...