Brandon Petrowsky
cash out re-fi -OR- heloc, no prospective property
i'd like to line up some funds in order to possibly get another investment property in the coming year. i look at properties quite a bit, but currently don't have any property in mind that i'd like to purchase. my t...
Wendell De Guzman
How I Am Buying 20+ Houses No Money Down
Last week, I posted Week 1 of my "quest" to buy 20 houses with no money down. You can read the details here:https://www.biggerpockets.com/forums/522/topics/38...Week 2 onwards, I will just put my updates on one post i...
Cody Bernardy
Hard Money vs Conventinal on Flip
Hey BP,It's my first post :) So I'm 22 years old, with a pretty good career and no debt (I net about $75k a year). I'm looking to flip my first property in Tacoma Washington and I have not figured out my financing out...
Amanda Berg
HELOC as downpayment for first investment
Thoughts on using a HELOC to invest in 1st property rather than using savings?Has anyone done this?I have about 200k in my current house.I have 100k in the stock market making 7%.I was thinking, why not use a HELOC to...
Matthew Gil
QuickBooks and Real Estate Accounting
I have a QuickBooks question pertaining to landlording. As a rule, how are you handling or categorizing the following?:
Cash outs from real estate closings in which the buyer has excess funds left over from a purcha...
Christopher Mendoza
New Investor Rolling into Chicago
Hey Everyone,
My name is Chris. As a California native (inland empire), I was hesitant about leaving the Golden State, but I am glad that my travels have brought me to Chicago. The weather may not be the be...
Charles Kammer
1st Deal Strategy: Place title in LLC, Trust, or Personal Name?
Hello All, I recently inherited a small home that is held in trust. I am the sole beneficiary and the only trustee. I am almost finished renovating the property, and I would like to rent it out soon. My goal is to mak...
Jewel B.
Purchasing a Property: The Key to Moving Quickly
Happy Hump Day!I am a new investor looking to acquire my first property as soon as possible (without rushing into a bad deal). I'm wondering what systems, processes, people, or steps I should have in place in order to...
Mike O.
Currently negotiating right now, bit skeptical, any advice!?
I am negotiating my first wholesale deal, the potential end buyer was found indirectly via a Craigslist ad for another property I called on. The other whole saler is asking for a JV agreement. We plan to meet in perso...
Rachel Chwaszczewski
Tear Down to Total Beauty
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Rock Hill.
Purchase price: $50,000
Cash invested: $150,000
Took existing dilapidated quad plex and stripped it down to the...