So I am starting out in real estate, and my mentor(my grandfather) and I just bought our first house to flip. The house down payment was 12k and we are both in 50-50 on both down payment and renovation costs. He has d...
I've been getting different information on this subject. My goal is to have 10+ units, but is it better to have 1 loan on a 10 unit building vs 10 loans on 10 single family residences?
Hey Fam,Seeking an OG to give me their "hot take".. like a "holy shii don't do that" and or listen to my thinking and tell me if it sounds reasonable.A second set of eyes.So I own a 18 unit bldg, and have a partner at...
If I have equity in my home and get a HELOC, would I have to use the equity to purchase one investment property outright? I would like to be able to cover several down payments using the HELOC and then get conventiona...
Good evening, I'll cut right to the point. I am trying to obtain a mortgage for a 3-family investment property. I do not have enough capital to cover the 25% down, but am grateful my father has offered to cover the ad...
Barring a couple year transition from the military into law enforcement I've spent the past 15yrs working for the government. Two years ago my wife and I decided that I needed to change my career path. So I resigned f...
Lately it seems that a lot of paid education companies, youtube channels, and many other podcasters are talking about these topics of debt, mortgage acceleration using a line of credit, payoff your home in 5-7 years. ...
Good morning BP community - my buddy owns a real estate investing business in my hometown, upstate NY. He started offering an Apprentice program this past summer which I joined. It consists right now of driving for do...
For work that is completed early or above satisfaction in some other manner? Automatically this doesn't seem like a great idea, and I don't think I'd do so the first few times I worked with someone.I'm trying to esta...
Since '13 I've been executing a plan to invest in appreciating properties and then 1031 those to cash flow properties for early retirement. Wondering if it's a feasible option to keep the appreciation properties and j...