Account Closed
24yo, What to do with capital
Hi Bigger Pockets,I'm fortunate at 24 to have no student debt and about 70k in on hand cash to buy some real estate.What I'd like to do is purchase 1 or 2 SFR and start riding the mortgages out, but this doesn't leave...
Kevin Rodriguez
Structuring private money deal
Dear Biggerpockets Community,
I have come across an amazing deal and would like some input on how to structure the financing.Currently i have my boss as my main investor for my flip deals but this is a buy and hold. ...
Ani Mohan
How could you get more transparency with your finances?
I'm fairly new to this forum. I'm trying to get a better handle on my finances and am especially curious to see where all my money is going. I've got a few questions for this group:(1) Where do you believe you could u...
Craig Bowen
Structuring Hold Deals with Investor Money
Hi everyone! I am fairly new to this type of Real Estate investing, as a career, even though I have been a builder and developer over the years. Obtaining money for projects of that sort most always goes through tra...
Account Closed
earnest money refund
Question for the BP community. What are the conditions that allow a buyer to get their earnest money deposit back during the due diligence period, if they decide to back out of the deal due to issues uncovered during ...
Adriane Boggs
Vacation rental program
My partner and I have have been discussing multiple strategies to break into the industry. We are interested in purchasing a vacation rental and immediately participating in a rental program. We have enough capital...
Shane Blackshear
BRRRR refinancing issues
I'd like to hear from anyone who attempted a BRRRR but the rehab cost were too much to refinance when you were done. If you're appraisal price didn't/won't meet the 75%-80% LTV mark. What did you do? Other than paying...
Avery Heilbron
Seeking advice: Feeling stuck
Hello BP,I have been going to go see houses as well as analyzing deals for a potential househack in the Boston area. I have been looking at the Everett/Chelsea area because of the potential upside for the future as w...
Josue Vargas
Earthquakes and Hurricanes: What will happen next in Puerto Rico?
A series of earthquakes, largest one so far happened early morning on Jan 7th 2020, magnitude 6.6M in the Richter scale in Puerto Rico just 8 miles from the south coast. Some areas in the south have suffered the wors...
Erick Garske
CPA Comfort Letter
My lender is requesting a CPA comfort letter. Has any had experience with a lender requesting this type of document from their CPA? Has your CPA been reluctant to provide such a document due to the perceived liabilit...