So here is the situation:I'm retiring from the military next year and can't really figure out what to spend my GI Bill (education benefits) on. I could pursue a Business degree or I could use my benefits to enter an ...
I hate surprises.I have always been told, get to 80% loan to value and you can remove your PMI. I'm there.I call my mortgage servicer and say I'd like to remove my PMI and they say nope! Got to be at 75% LTV! What!? I...
Hi BiggerPockets,My wife and I would like to share our first successful land flip. The deal:Purchased the property for $3000 paid the back taxes of $2200 and the closing costs were ~$700, so total investment was $590...
I am brand new to real estate investing. I am interested in flipping houses. Tomorrow night I am attending my local REIA meeting where they are having a presentation that is all about flipping houses. It says the r...
We have around $2million kitty (little less than that).We have done investments before but they were around 60-70k, so this amount is way more than what have handled before.We still hold the previous investments but w...
I am planning to purchase rental properties by using a HELOC on my primary for the down payment. The goal is to then refinance the new rental property after about 6 months then rinse and repeat. My question is, would...
I currently have an LLC for my consulting business (not real estate) and want to loan my real estate LLc money for purchase and renovations. Is this allowed? Or do I need to make a disbursement to myself to fund the...
Hi guys and gals,
I was wondering how did you start building your crew for a flip?
Do you hire just 1 General Contractor?
or
Do you hire sub contractors for each job?
( i.e. one for flooring, one for drywall)
W...
I was at a real estate seminar and a CPA said “talk with your attorney about difference between equity partners which are not regulated under SEC REG D rules, vs. pooling investor funds to raise funds, an activity whi...
I am looking to buy my first rental investment property, and after analyzing the market where I live (Traverse City, MI) for some time, I’m thinking there are other places within an hour or so that may provide more ba...