Lucas Hammer
Itching for a second deal
So we're house hacking a 2-flat in Chicago right now and I keep seeing buildings in the neighborhood popping up cheap enough that I could be sure to cash flow, but getting that 20% - 20% for the second down payment is...
Jonathan Godsey
How to structure a BRRRR STR with a partner (especially the refi)
Hello,My wife and I own and manage three high cash-flowing STR's BRRRRs in Colorado. She does the design, I do the construction. Now that I have invested all of my money, I am doing a partnership with my dad. We are c...
Jan Neruh Kelsey
Recommendations on organizational tools/spreadsheets for rehabs/flips
New BP Pro member here. Does anyone have any recommendations, or even better any spreadsheets, excel or web-based, they use to keep track of all construction expenses for Flip/BRRRR properties? I BRRRR several prope...
Andrew Smith
Money for down payments
I have just started the process of trying to buy my first rental property. I have 22k in savings and was trying to find a house in the 90k-100k price range. The lender I talked to said I would need 34k for down paymen...
Joshua Friscia
Experience using a 203k loan
Hello Connecticut BiggerPockets Community!I am just getting started on the journey to buying my first property/investment. I'd like to take advantage of a 203k loan to buy a 2-4 unit multifamily as a house hack so I c...
Rahul Gupta
Short term rental Hard Money Loans
Good Morning!
I was wondering if anyone here had successfully used a hard money loan to finance an STR? If so, is there someone you recommend that services Twin Cities, Minnesota?Also, please tell me if If there is a...
David Hertz
Creative financing strategy
Hi,I'm looking for some advice on how to create the right strategy for a creative financing project:The basics:The seller wants to continue living in his house. Purchase price is 500K. Rental income is about 4800/mont...
Kristi Kandel
lenders who vest LLC at 20-25% down for non owner occupied 4plex
Hey there! My business partner and I are purchasing an investment property that is a 4-plex. We would like to put the property in an LLC but are having a hard time getting a lender who would vest the LLC. Ideally we'd...
Sean Newcomb
PMI do you put 20% down or do you put 3.5% down
Which one is better if you can get the loan at 3.5% and use your savings to buy more deals do you guys put as little down or all that you can down?
Alison Fountain
Getting a Loan without a W-2 Job
I recently quit my W-2 Job an am now having difficulty being approved for even a small conventional loan and looking for advice or tips. The details: I own 4 rental homes that are fully rented and together they cash f...