I normally wholesale in Memphis, TN but I've come across a rental that I'd like to own. The property is currently rented for $660/mo, I can buy it for $22,000. It definitely needs some updating and the market rents ...
I have a personal and secondary home (house hack with a partner)Personal home I’ve been in for 6 years, house hack home 2 years this December. I may end up selling both after the first of the year. What would the tax ...
Hi everyone! Wanted to introduce myself. My name is James, and i am just beginning my real estate investing adventure. I'm from Baton Rouge Lousiana and that is where i will be investing. I currently own a home and l...
So- I have targeted a few properties that would be ideal for my first flip. I have another family member that will be an equal investor with me. We have discussed forming an LLC, but I don't know if it would be necess...
Hi all you smart investors,I've been educating myself for the past 6 months and I'm still stuck in the best strategy to scale quickly.My million dollar question is: How can I make the most cash flow with somewhat limi...
Hello BiggerPockets community,
I’m grappling with a significant real estate decision and would appreciate your insights. Here’s the situation:
We own a detached home with 2 units, consisting of a legal 2-bedroom bas...
My parents are going to leave their house to my brother and me. We would like, and they are on board, to refinance their home and invest into a rental property. With the house in my parents name and then being retired...
Hello all,I was wondering if anyone could give any insight into their experience with taking out a cash-out refinance, either on their own home that they live in, or an investment property they own (would love to hear...
I’m brand new to the REI world, stumbling into it after hearing a comment my stepson made to my wife: “Why does your generation only focus on being mortgage free?” My first reaction was to dismiss it as 20-something i...
Hi all HELOC experts :)We are in the process of getting a HELOC for our primary, to be used as cash-equivalent to fund investments. After shopping, we opted for one bank however they just came back to us with the prop...