Paolo Umali
Adviser worried because I’m using savings for down
22 yo investor in Fort McMurray Alberta going through the financing condition on a property with a mortgage adviser. Started my career two years ago and saved up ever since for a 20% down on a property. Finally got en...
Stephen Bennett
Charlotte, N.C. Hard Money Lenders
My wife and I have been saving for our first flip, and we are finally ready to take the next step! I have a long history in the carpentry field, and plan to do most of the renovations myself, unless it makes more fina...
Lara Stuart
Cost segregation?? Pros vs cons
I bought a new construction SFR, smart home, energy efficient house for $520,000 last Nov 2021 and it is a LTR. I am trying to figure out if a cost seg study would be worth it or would any depreciation recapture I wo...
Keegan Mattick
Finance approval, shop around or use your current bank?
So I'm almost ready when it comes to credit to start making things happen. I have a good amount of savings, $15k, always adding to it. I'm looking to get a multifamily duplex or fourplex. Is someone more likely to ...
Peter Chan
30-year fixed or 5-year ARM?
If my expectation of the interest rate is that it will be lower than what it is now by 2027-2028? Should I take advantage of the lower 5-year ARM rate now and hope to receive an even lower rate 5 years later?Or take a...
Eileen L.
Sell CA rental property and buy out-of-state?
I’ve been brainstorming about my plans for the future and if I should sell rental property #1 to invest more out of state. My current portfolio is below. I will be moving into an ADU at my parents by summer, so I plan...
Dean Powell
My first seller financing proposal! Feedback appreciated...
I have a seller financing deal I would like to propose to one of my clients to purchase his condo for my own personal property. This condo is more like a townhome, and is actually completely detached with a front pati...
Derrick Choice
Newbie Questions
Hello BP members and friends. I am a new born when It comes to REI. I work a full time job as a teacher and HS Football coach. Anyway, I want to get started in Investing but really don't know where to start, or where ...
Nat C.
"We bought 100 properties without using any of our own money"
This statement is something I keep seeing again and again on the Bigger Pockets blogs;people saying they flipped 100 properties using someone else's money. They proclaim they had one of their investors pay for the pur...
Jay Dean
Cash reserves - How to maximize?
My question is how are you getting the most out of your cash reserves?I am talking about your operating funds including your short term rainy day fund like a broken A/C system. Specifically, I am talking about liquid...