Steven E.
Downpayment Financing: Unsecured Line of Credit & 401k Loan
Hello,
I am looking to buy my first property and employ a buy-and-hold strategy whereby I'll rent a single-family home to tenants (cash flow positive). I am looking at homes in the $70k-$90k range in Raleigh...
Emma Chen
Please Advise How Newbie Start Out Based on My Situation
Hello all,
This is Emma greeting from San Diego, California. I recently graduated from my MBA program and currently work on the acquisitions team in a real estate company. I have been listening to the Bi...
Michael Fink
Buy a 4 plex...get a duplex
I am fairly new to BP and the wealth of information is absolutely amazing. Quick background on myself. I had several rental units prior to Hurricane Katrina (yes, from the New Orleans area) and all of them were wipe...
Roger Burzanko
Investor Grit - Wholesaling Program - Tom Krol & Cody Hofhine $$
So I know BP is a great place to learn about any aspect of REI. Many say paying for coaching & mentor makes no sense with all of the valuable info you can gather here as a BP member.I came across Investor Grit - ...
Amy C.
LLC
Met with attorney last night to discuss issues re: first investment. One item was forming an LLC, which attorney said he could do for a bit less that $1000. Today, met with banker (Wells Fargo), and during the co...
Steve Hodgdon
Working out a Distressed Note - to start some discussion
There’s a lot of buzz these days about Hardest Hit Funds as the exit strategy when you own a delinquent note on the way to REO. Sounds simply amazing. Seems there’s always an “angle” to work.Having spent nearly my ent...
Daniel Woolsey
Is it odd to pay a contractor just to look at a property?
I'm going to look at a property that makes great sense on paper but has been on the market for too long. It is also 2 1/2 hours away, a bit farther than I usually look. I'm looking at paying a contractor/inspector to ...
Clint S.
Success With First SFH Rental! But Please Don't Fish In My Hole!
Last summer I decided to take the plunge and buy my first single family home ("SFH") to rent, so my money could start working for me instead of me always working for my money. I had discovered Bigger Pockets ("BP") e...
William Watson
Obtain LLC or use my name to purchase property.
BP , I have a question should I get a LLC when purchasing a rental property? Or should I purchase in my name. Does anyone have any knowledge in this area. Your help will be very appreciated thank you in advance.
Fred Shandler
Acquire a property via owner financing, the refi?
Is this possible? I recognize that it would have to be allowed contractually, but is this a strategy that anyone has used?