Andrew Teng
Why BRRRR is not working for me?
Hi guys,Please let me know on why I am unable to utilize BRRRR strategy in my situation. I bought "property A" back in 2013, lived there for 2 years, and last year I bought "property B" and currently living in B. I r...
Maria D.
Methods for accepting deposit and 1st month rent
I have a potential tenant I'm screening who is moving from out of state for a job.
He has asked if there is another way to pay the deposit/1st months rent other than cashiers check or money order because his current ...
Ruth Ann Morris
Transferring money into and out of a Self Directed IRA
I am trying to set up a method for a real estate business I am loaning money to, to be able to pay the Self Directed IRA back. The bank the money is in does not use Zelle or Pop money. I need some method to set up t...
Amber Grimshaw
best place to hold money before purchasing your next rental
where are the best places to keep money while you are waiting to purchase your next property. I have some money sitting in the bank and I'm anxious to put it somewhere to earn a little extra income while I am waiting ...
Karima McKenzie
203k Loan - Sell Property
Can you sell a 203k loan structured house before the construction is completed? As is? Can the bank apply the renovation funds to the Principal?We closed on the house Oct 31, 2018. Had very bad experiences with contra...
Mark Beekman
My income is from capital gains - Where can I get financing?
Almost all of my income from the past four years has been from capital gains. I have a good amount of cash available, but I'm looking to scale up on my next rehab by financing a more expensive SFH. I got denied for...
Russell G.
LLC draw as income
I am new to BiggerPockets and have enjoyed the informative Forums. My question is in regards to counting a draw from a Partnership LLC (my wife and I) as income for the purpose of refinancing my primary home. My DTI...
Terrell Williamson
What to do with no credit
Right now I am working on building my credit with a cd at my bank. They said it could be six to twelve months before my credit builds up. What would you do if you were me?
Corey Gilroy
Looking for a lender for a house under contract
Help! I’m under contract. I was pre approved but now the lender changed it so that I need to put 25% down and can no longer get a gift downpayment. The property is for an investment, non owner occupied duplex. Does an...
Cody Barrett
Seller financing, when to involve al lawyer ?
Would it be wise to involve a lawyer when putting together a seller financing offer or get them involved once the offer is accepted so they can just write up the contract etc... ? I never have done one before. Thanks...