Hi BP Community! I am partners in a local Philadelphia group that has an apartment deal in Houston, Texas, and is currently in the capital raising stage. While I have a network of accredited investors that I am speak...
Ken McElroy says sell off all of your non cash-flowing assets; the market is not great; I must invest out of state; and I only have a HELOC, costing me 8% to use as a down payment. What the heck do I do, who do I trus...
I'm looking at a property in Philadelphia that would need a full gut rehab. I want to BRRR it. Purchase price is 99k, renovation cost is ~100k. ARV maybe 270-280k. My question is regarding the appraisal value. It's lo...
I have a 401k with my current job. It is all pre-tax contributions i.e. I did not pay taxes on the money that is in there. I have heard that you can roll your funds out of a 401k and into an IRA or other similar accou...
If you are still in the rehabbing business, are you using borrowed funds or your own money or joint venture? If not your own funds, % for JV or rate you're paying for borrowed funds? After paying for borrowed funds , ...
I have found myself negotiating a seller financing deal. The property is in a great rental location however needs a fair amount of repairs, somewhere in the ballpark of $30-$40k. It is not currently live in ready and ...
Hello, has anyone had success with Dave Lindahl's sponsorship program that guarantees a sponsor for 12mos ? I going to jump into the program. I'd love to hear your experience, good or bad. It appears the reward ...
To start off, I have never invested in multi family before. I own 1 investment SFH that has worked very well for me. After listening to Grant Cardone, I am trying to think BIGGER. I have been doing some research and I...
I have off market option for SFR in Medford Oregon for 95k. It is worth at least 210k and needs no work done. I asked a bank what they could do for me. They needed 15% down and closing costs.Is it a common overlay to...
Hello All! This is my first post on the Bigger Pockets forums so i'm very excited! To give you a little background on myself, I am 30 years old and hope to soon be a first home buyer. I have no savings but i have a 40...