Anna L.
Los Angeles Owner/Investor DP Help!
The classic "you must have money to make money" dilemma.LA being a renters market, there's no reason I can't get great return on renting out additional units (long or short term). Since I'm local, I also have the bene...
Sheila Campbell
How To Get Started WITH No Money?
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...
Kathy Corressell
Partnerships and LLC's
I have 2 properties with partners and I'm getting some conflicting guidance from real estate attorneys on how to handle them.
The first property is more straight forward. Its a completely 50/50 partnership between ...
Matthew Sutton
$100,000 to get started.....
Okay, this is only my second post. I'm sure I'll take a few months before I figure out exactly which strategy I want to go with. It'll be completely passive over the next few years since I have a career that I enjoy...
Matt Wells
Should I BRRRR my rental property? Please give me some advice.
My rental was purchased at $117,900 + rehab costs of $17k. I put a 20% down payment on the property with a 30-year loan at 4.5% interest. Closing costs were $5k. The rehab was paid in cash. My intention was not to BRR...
Chad Jones
Sell a profitable rental to start a house flipping business?
Hi everyone,This is my first time to post, so I'm hoping it's in the right place. I've had a rental for about three years, it's worth about 165K and I owe 65K on it. My renters just informed me they are ready to move...
Trent Glace
Expedited mortgage to gain equity or ride it out?
Hi all, I've been lurking behind the scenes for about 2 months but this is my first post.My wife and I have a LLC set up and are diving into the industry starting with duplex, triplex, and 4-plex units. We are workin...
George Kopp
Lending with Personal Guarantee
I have an opportunity to invest in a real estate related opportunity, but instead of being backed by any hard assets, such as the property, the borrower has agreed to personally guarantee the loan. I know this individ...
Mark S.
New First-Time Investor in Kentucky
Hey BiggerPockets Community,
My name is Mark and I'd like to take a moment to introduce myself to the community. There was a gentleman who recently introduced himself with a very lengthy introduction and I e...
Eric M.
Lenders, do you have borrowers pre-sign DIL?
I have heard of the technique of avoiding potential FC problems by having a borrower essential pre-sign a Deed in Lieu which basically says, if the loan defaults this Deed in Lieu becomes enforceable.
Sounds too good...