BiggerPockets Community, I'd like to ask advice on how to structure our business:As we finish up our first flip, my partners and I plan to flip many more houses in 2023. Many of our financially aggressive friends have...
Hello everyone. I have a question about helocs that I'm having a tough time understanding/finding info on. So if you get a heloc on property A to pay for a down payment on property B and then you sell property A and t...
Hi BP community!I'm currently actively looking for a rental property in the Sacramento area. I grew up in the Peninsula portion of the Bay Area and it's too outpriced here to invest locally. I was just in escrow for...
Myself and other members of the Seller Finance Coalition were up in Washington DC at Capital Hill this week meeting with Senators to gain bipartisan support for HR 1360 (The Seller Finance Enhancement Act). We met wit...
Hello everyone, I had a question on financing for a SFH: I will be purchasing a SFH from my parents for 160k. The house is worth 240k from our last appraisal in February when my parents had bought out the beneficiarie...
I have one buy-and-hold rental investment in Milwaukee, and I'm currently looking for my second deal. I currently invest on my own and have no partners. I have an acquaintance that would be interested in partnering in...
Recently learned about this program was going to speak with one of the preferred loan officers available on their website but figured id send some feelers out here first in the bigger pockets community. So please, any...
Currently 1/3'rd owner in 4 LLCs that each hold a separate single family residence rental. The 4 LLCs are subsidiary LLCs to a parent LLC. If we sell one of the houses is that considered a distribution and we have to...
I am currently in search of a small multi-family property that I can house hack with my girlfriend. We live simple and currently rent a far below market rate apparment in a nice area. Even though our rent is so low ($...
I've debating in my mind if I should consider the mortgage payment in my expenses when determining profitability. Only the interest is truly an expense but a mortgage payment certainly impacts cash flow. How do you de...