Hi everyone,I just joined BP recently and have already picked up some great knowledge. I'm looking for advice on how best to get started in real estate investing based on startup capital and long term goals. Any advi...
CPA’s, accountants, and loan officers please chime in but obviously don’t provide anyone with tax advice, but does my logic make any sense?I was told once by a lender that debt service is not considered profit. For e...
Hi everyone. I am interested in a trailer park but would need financing for it. I have see on here the basic formula for attaining the value/cap rate for a mobile home park. What I am specifically interested in is how...
As the rules are today, I would say there are zero (0) "investors" running Airbnb in Raleigh. The ordinance requires that a "full-time homestay operator must live at the premises and must also be present for the entir...
So for the BRRRR method, when you do the cash out refi and pull all of your cash out (making a new loan to pay off the first), can't this ruin your cashflow?
Quick example numbers:
Purchase price= $70k, Rehab=$35k
...
So I am finally looking for my first buy. Looked a long time at wholesaling, raising money and all, looking for a 'perfect' solution.But now that my other business is doing well, there are some deals I can now do by m...
I’m 22 and really want to invest in rental properties but I have no credit and don’t know how much I should have save to begin with. What’s the best way to build credit and how much should I have saved to begin with ?...
Dear seasoned multi-family property closers,How did you manage the massive list of to-do items and the many moving parts to buy your first multi-family investment? Did you have everything lined up and figured out bef...
If I want to buy and hold a property and would like to use private money, how are those deals typically structured? Do private investors want an equity stake? Provide a short-term loan? Long-term loan? Something else?
So, I made the mistake last year of purchasing a home before learning about Biggerpockets/house hacking/ rentals/ etc.
Anyways I’ll be starting another job soon that’ll allow me to take on my real estate endeavors t...