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Hello. This is my first post in BP Forums. I really want to get into the investment World. One of my first questions is regarding the best way to finance or fund my first property. I really don’t want to dip into my e...
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Hello BP Community! My business partner, @Justin Stuardi, and I are in the planning process to purchase our first investment property with the intentions of making it our first of many BRRRR properties for our new por...
Good Morning BiggerPockets! I’m just starting to take action to get into real estate investing. I’m looking to start with house-hacking into the BRRRR method but I have a question about finding private money.What is a...
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Hello,I have a lead of a potential off market deal in Brandon near Tampa, FL. I'm a real estate investor but I have never been the "middle man" in such deals. Looking for someone that could give me some guidance and w...
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Hello all,
I am preparing to buy my first property, and am convinced that I would like to begin with a sfh using the BRRRR strategy. I originally was planning on buying the property using bank financing, and offerin...
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I just bought my first property well below market value. According to multiple real estate agents, once renovated it will be worth hundreds of thousands over purchase price. That said, I’ll need to invest about $100,0...
Hi,I am currently going to purchase a multi family but as a condition the seller wants to use him as a bank and wants to finance the deal. He is offering a 4.5% 7 year loan. My question is what drawbacks are there or ...
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Can I lend to a customer who wants to remodel their primary residence using their primary residence AND adjacent property as collateral? They have a first mortgage (FHA) with very little equity and own the second piec...
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I found a property that has potential. Its a complete renovation. The property has been deemed unsafe by the city but I haven't been able to find out why.. The problems that I am experiencing is that 1 I wasn't able t...
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Hi BP community. Last year, I bought two properties and they had losses. My CPA used the loss against my W2 income Is this a normal practice? Based on a BP episode I listened to recently, this is only OK when I (or my...