Jeremiah Lee
Help a newbie understand purchasing w/ a HELOC
Hi There!Hoping I could please get some help with some newbie questions. Let's say I have a $150,000 HELOC and i'd like to purchase a SFH out of state which I plan to buy and hold. -Can I use a HELOC to purchase fro...
Jose E Zamora
Need Tips, Just started a Family REI Business!
Greetings Bigger Pockets Community,
I am Jose Zamora out of Dallas, Tx. I have been listening to Bigger Pockets Podcasts recently and keep hearing over and over again how interactive and helpful the community is for ...
Leonard Gunn, Jr
Newbie to notes from Nashville, TN
Hello everyone. I have been involved in real estate since high school when my father had me crawling under houses pulling wire for the craftsmen. This was 45 years back. Since then I have been in and out of the gam...
Jasen Pyles
Avoiding penalties Cashing out My 401K
When I quit my job I'm going to cash out my 401k. Is there anyway that I can avoid the penalties if I am going to invest it into an investment property? what percentage is the norm when cashing in your 401k?
Jose Cintron
Where To Find Local REIA Meet Ups
Hey BP Nation,So I'm really looking to meet up with like minded individuals in the business and those that are really doing what I want to do. I don't know where these meetings currently are but were wondering if anyo...
Brian Winn
Newbie from Meridian, Idaho
Hi All, My wife and I live in SW Idaho and are interested in becoming real estate investors in the next couple years. We currently own a home in the Twin Falls area and are interested in turning our current primar...
Gere W.
Down payments: big or small?
What's a better strategy: 1. Higher down payment: lower monthly mortgage cost, no pmi payments. This is generally 20%+ down. Good if you have the cash up front, but it's just that, you're losing that money up front. B...
David Schilling
Tenant Wants New Carpets (4yrs)
My friend lives in a Palo Alto apartment. She’s been there 4 years. Good tenant. The existing carpet is that cheap commercial crap that I would even put in an office. It’s only a 15’ by 15’ patch of carpet. Some of th...
Account Closed
How to have seller carry 1st/2nd conversation with seller
Hi all,Thank you all for the contribution. How do I have the conversation with the seller about carrying a 1st or 2nd mortgage? I want to put it in laymen’s terms.1st - Would you consider being the bank? I’d make a do...
Erika Richards
LLC after 1031 exchange
Hello, my husband and I had a previous rental property in our name that was never put into an LLC, that we eventually flipped for quite a profit. We then used those funds in a 1031 exchange to acquire 3 more propertie...