Mike Litano
First Post - Looking for Advice!
Hi BP community!My name is Mike and I currently live in the suburbs of Columbus, Ohio. I have been interested in pursuing real estate investing as a way to generate wealth and - over time - replace my W2 income. I am ...
Account Closed
Buy single-family home in cash or finance a multi-family property
Hello everybody! Can anyone help me decide what would be a better option financially in the current market / with current interest rates. I have around 500k cash and would like to buy an investment property in South F...
Kelby Schimming
Bank Loan for a Down Payment?!
BP,I have a deal in the works and the seller is willing to finance. However, due to my inexperience, he is requesting a down payment around 300k. I will also need another 200k for closing costs. It is an off market $8...
Joseph Watson
To LLC ot not to LLC?
I think I have finally hit the dreaded tmi analysis paralysis! I have read and read and read trying to find the right road but finding only a mental dead end. I am approved for a rental loan already through my bank. I...
Daniel Ryu
Hybrid flipping idea - You do the flip / you and owner split profit
Hi BP..Just wanted to see what people thought of this idea:Problem - Out of state investor OR someone who has a different primary resident wants to sell home but has deferred maintenance to the tune of 30 or 40K. OWNE...
Doug Woodward
Should I buy a property with an IRS lien via seller financing?
Brand new to Bigger Pockets. Through show 19 so far, but first post.I just got a property under a standard 1-4 residential TREC contract in Ft. Worth, TX for $45K. It is schedule for a tax sale on June 5th (next Tuesd...
Jerry Kisasonak
116 Unit Apartment Complex Financing Question
We are looking at a 116 unit apartment complex. The asking price is $4,950,000. The NOI is $484,000/yr. The seller will carry a 20% second. With 100% financing we should cashflow about $13,500 a month. That is calcula...
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CA Foreclosure/Estate Title Issue
CA real property owner dies intestate in 2012. Daughter petitions the court, seeking to be made administrator in July 2013. Daughter is representing herself and to date has not yet been made admin or issued lett...
Ryan Kinley
Having a problem with a Brrr Refinance
Hello all,I have a small problem and was hoping to hear back from anyone that can help. I am trying to buy a triplex ( which im going to convert back to a duplex) and behind this triplex is a single family home (for ...
Jim Hern
Recommendations for my process - loan to an LLC
I’m looking for advice on efficient steps to take and what I can realistically expect to see in my process to find a local South Florida lender, for lending to an LLC on SFHs for my buy and holds. I’ve had no problem ...