Doug Fluckiger
HELOCs for down payments—the perpetual stall?
Newbie investor here. It dawned on me that if I pull out a HELOC to make a down payment on a rental property, and then finance the rest of the property, there will be no actual cash flow, at least for a number of year...
Yashar E.
Market Corrections and how to approach them
Hello BPers,As we all spend time analyzing deals and determining “flip” or “buy and hold” I was wondering if anybody here currently runs their numbers anticipating another major market correction. I am not sure if an...
Ericka G.
Refinance or Pay Off Mortgage?
Hi all,Need some advice. I moved into one of my rentals full time. It was purchased on a 5/1 ARM at 3.875% about 5 years ago and started out as an accidental house hack due to a temporary out of state work assignment....
Elizabeth Woolf
Selling a house that is in the name of my LLC
I have a house that I've been renting for the past few years and I plan to sell it to buy something closer to where I live now. I used to live in it so when I started renting it, I did a quit claim deed from my name t...
John A
Entrance stradegy and what rate to accumulate?
Hello all, I've been reading archived posts here for a while and decided to join. This is my first post (on any forum ever).
Quick background:
I am 27, married, no kids yet. I work in commercial construction and ha...
Brentin Trent
Homestyle and 203k and sweat equity.
I am considering a homestyle loan in order to allow me to rehab a property without coming up with not just the rehab cash, but also the purchase price. I'll be putting only 20% down.I Understand that I will be able to...
Lance H.
LLC vs. S Corp for buy and hold
Hi Everyone,
In searching through the forums I have seen people say regularly that LLC is preferable to an S Corp for passive business income like buy and hold. My question is why?
I ask because I alre...
Kevin Cobb
Help Transferring a Property - Estate Medicade
Hello Bigger Pockets,I have a dilemma regarding the transfer of a property from an elderly friend of the family to me. This lady is 90 years old and now lives in a nursing home. At present she still has assets and I p...
Matt Salazar
business plan for a 38 lot MHP
I have recently purchased a MHP and I was wondering if any of you guys had info on formulating a good biz plan for a MHP. Thanks in advance!!!
Anne Grello
Advice?? Placing multiple offers, but no takers
Hello, I am just starting out and trying to get my first investment property. I am using a conventional loan for financing and putting down 25%. Surprisingly, (to me), I have put in multiple offers on different proper...