Hey All,I will be closing on my first SFH next week and purchased it with a residential mortgage. At the advice of my attorney I formed an LLC to protect my personal assets as I continue to grow. After speaking with...
It's been over a month now and although I am closer to reaching my first deal, I have not achieved a deal yet. I am still very hopeful; however I'm just not there yet.
My biggest challenge has been that I am very.......
I am sure this is nothing new here at BP, but thought I would post up to get any feedback on my thoughts.
I was locating owner names on my local tax appraiser website after I had just come back from "driving for doll...
Recently heard about buying mortgage notes and it got me thinking about potentially using this strategy in the future for acquiring real estate. Anything you can tell me about this especially in the case of non-perfor...
Hello all. This is my first post on Bigger Pockets as I get going into my real estate journey. I'm currently in the market to purchase my first home (currently in an apartment). I'm looking to acquire my first BRRR. I...
I have a paid off rental (approximate value $150k) that I was wanting to use the equity as a down payment on another rental house purchase ($200k purchase price). Is this a common thing most DSCR lenders can do? I d...
Hello,
As a beginning investor, what down payment amount would you suggest if doing a traditional mortgage? Of course, putting more down like 30 % would make it look like the property cash flows well, but is it wort...
Hello! My wife and I bought a 3 bed 1 bath well maintained sfh in a great area of LA four years ago as the market was rising. Both sets of parents contributed to the down payment. Then California passed the law legali...
I have long had 4 financed properties so I have been paying 25% down plus closing costs for each new investment. I takes time for me to scrape together that kind of money for my buy and hold investment style. Whe...
Hi all,Looking at a house in the Albany, New York area and had a question. Has anyone ever dealt with knob and tube electrical?I know prices vary from region to region but I would like a rough estimate for how much it...