Chris Washington
First Time Investor - Commercial Multifamily Financing
Hey BP...have a question hoping you can help me out.I'm just starting out in REI, and working on the plan to buy my first investment property. After researching potential strategies, I am focusing against commercial, ...
Arnie Guida
The 3x Rent Rule
I've wanted to ask this for a while but have been reluctant for fear the answer should be obvious, and/or it's been covered ad nauseum...so please accept my apology if either are true.
With the 3x rule, how is it aff...
Josh Hesketh
Refinance w/ cash out to pay off debt and purchase income property
I am new to real estate investing but eager to learn. I am in the process of refinancing my current 30 yr mortgage to reduce my monthly payment. We determined we will save almost 200 dollars per month but will extend ...
Mary Jay
How to limit showings without violating Fair Housing?
Hi guys, I have a problem. Somehow on all of my rentals I have tons of people who are interested in renting. So its really time consuming and stressful to show my property to everybody who wants to see it. Can I deny ...
Josh Layhue
Potential deal on 2 bed/1 bath
I'm looking to get advice on the following potential deal:
2 bed/1 bath
Asking $32k
Needs about $3k in repairs
Will rent for at least $625/month
Currently vacant
I'd say the market value is closer to $45k-$50k. It'...
Roshan Khadka
17 year old Newbie! Reachout
Hey hope you and your family are doing well during these times. I am fairly new to bigger pockets and to the sub forum group.My name is Roshan and I am in the greenwood area. I am 17 years old just getting started in ...
Eric C.
Using recourse loan for 8 unit??
Is it really that bad to use a recourse loan for a medium residential investment property? I want to buy an 8-16 unit in a low income area with my dad as a credit partner (since he has excellent credit and can get the...
James Sea
Alternatives to holding reserve funds in savings account?
Are there alternatives out there to holding reserve funds in a savings account?
Short term bonds? GICs? Anything else?
It hurts me to see essentially nothing in interest on my reserve funds when I know there are bet...
William J Hamm
Private Lender - To Good To be True or Not (David Tuttle)
Recently I came across an individual that is offering private money loans at 3% interest up to $3M loans. This caught my eye. This lender does require an application fee to start the loan process. To this point, I'...
Scott McGhee
Starting strategy
Hi everyone,I've spent the last couple of months educating myself about REI and my goals, strengths, weakness, assets, and liabilities. I believe I've come up with a strategy to get started in investing and was looki...