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I rarely ever see anyone talk about amortization. So I'm trying to figure out how I should be thinking about this. In the first years of a loan you pick away at the principal very slowly. Is it worthwhile to use c...
Hey all, Id like to get some direction/guidance from those who are/were in a similar situation. Me and my wife have a house that was our primary residence (no mortgage), and looking to rent it out. I created an LLC, a...
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Hello Everyone! I apologize ahead of time for the long post.I am a complete newbie so please bear with me. I would like to begin property rehabbing and flipping. I have been reading the BP forums, listening to the BP ...
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Hello everyone, I was wondering if HML "Require" that the 15-20% be "your" funds or if it can be from your partner, if in a partnership, or if it can be from family or a PML. Just asking if the funds strictly have to ...
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Hey everyone, My name is Erik and I have been a lurking on Bigger Pockets for awhile, learning and reading about real estate. I am finally in need of some guidance, so I decided to make my first post. Me and my busine...
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Hi everyone,
A little bit about me to begin, I am a 22 year old guy living in Fayetteville, AR. I recently graduated from college and I am currently working a 9-5 unrelated to my degree (go figure). I am spending mos...
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Hi All - I am happy to say I just invested in my first rental property. It's a house-hack. A duplex that will be owner-occupied for the foreseeable future. My big question now is, how do I get ready to buy that elusiv...
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Hello! I've always filed my own taxes and am starting to think this might be the year I need a CPA. In the last year I converted a townhome into a rental and purchased a duplex with a partner. My wife and I also have ...
Hey everybody,
My name is Kevin Sun and I am writing this post on behalf of myself and my 2 partners, Brandon Riedy and Lucca Cristiano. We are 3 freshmen at Rice University looking to build a real estate portfolio i...
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Seeking recommendations for a 1031 QI. This is my first 1031 exchange