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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...
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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
...
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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...
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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 ?...
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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...
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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?
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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...
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Hey BP, I had a member contact me and ask my experience and any knowledge I could pass on. I decided to give a detailed breakdown and notes of both completed projects as well as some information on what I learned.If t...
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Hi fellow BP-ers,I’ve been lurking on BP for a while, trying to learn as much as I can in the process, and I’m planning on making a purchase in the next 3-6 months. My goal is to find a 2-3 family in the metro Boston ...
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I am a little frustrated here but I wanted to get advice on how any of you may overcome DTI limitations when applying for loans or HELOC/LOC? I applied for a HELOC and the equity is there and my credit is 750+ but the...