Nate Bartow
Seller financed down payment
Hi everyone,
Anyone know any creative ways to finance if the seller is willing to finance the 20-25% down payment?
I'm looking at a deal where Fannie Mae will finance 75% of the deal and the seller is willing to car...
Joe Au
Good Debt vs Bad Debt
Is there a such thing as good debt?If I have to categorize debt, I would say the debt I am paying for, it's bad debt. A debt someone else is paying for, it's good debt.Which means, if I have a mortgage on my house and...
Julie Hassett
Will water issues be the death of my rental business?
Hi there, I'm a small-time real estate investor with 6 units under my belt. When it comes to water issues, I absolutely cannot catch a break. Currently, I've got:One basement with a leak and horizontal crack forming o...
Joseph Barnes
Airbnb for 1st property investment? Why should I NOT do this
I’m SUPER new to the bigger pockets forum. My wife and I are looking to purchase our 1st place (townhouse or condo) in the next 6 months to 1 year. We’ve heard Airbnb is potentially a great option for cash flow so the...
Rafi K.
New BP member... from a long way away...
Hi there BP world,My name is Rafi, and I joined BP a few weeks ago, but it's taken me a while to introduce myself. Basically, I'm an Aussie, living in Israel, interested in US real estate.I sort of got into RE by acci...
Brian Oberg
Raising Rent: Good idea or bad business practice
We currently own three investment properties (SFR) and looking to expand that by at least 4 this year. We have always held it to be a good business practice to not raise rent on current tenants when the renew their l...
Gino Barbaro
I Quit My Restaurant to Invest in Apartments Full-time!
I have owned my restaurant for 23 years, and the passion for the business dissolved back in 2008. The economy tanked and I just had my fourth child. I wanted to have more family time and a more flexible work schedul...
Tab Teehee
lessons learned from my first 20 unit rehab
Reached a major milestone after nearly a year and a half....converted my construction loan to permanent financing!!! On 5/31/18 we closed on a 20 unit property that was 100% vacant and in need of lots of love! We adde...
Robin Roundtree
Sell Primary Residence to Use Equity for Rentals?
Hi guys,
We have a home worth 650k, we owe 350,000 in a place where we couldn't afford to sell and buy another property (got in 2021, the 2.8% interest rate and before the crazy NW boom in Idaho.) We are stuck becaus...
Chi Cheung
LLCs?
I'm looking to start buying and holding for rent. I've heard that it's wise to hold houses under LLCs for tax and legal protection. How does it work? Do I need to start an LLC for each house? Where can I find out m...