Hello BP! I have a problem I can't figure out. I need about $12k to reduce my debt to income ratio. I have a condo for my first rental property and a unit 2 doors down just went on the market as a foreclosure for $85k...
Hello! I'm looking for some advice and guidance. I recently purchased my first rental property in 2023 for about 130k. I'm going to put about 60k into it. It's in my name and not an LLC. I plan to convert to an LL...
I am thinking about finding properties and negotiating the price down by 10K or 20K by offering cash for the deal. If the owner is willing to drop the price that much I will go to a private investor and bring them the...
I recently had a seller come to me and say that during the process of deciding whether or not to put their house on the market, they entertained one of those Bandit signs. A wholeseller came over and told them their h...
Preamble: Real estate investment is less certain than paying down debts and the safest thing to do is get to 0 debt before investing.With that out of the way, how would you advise a real estate investor holding non-RE...
My stepfather and I were recently talking about how well we've both done in real estate over the last couple years and how we'd like to get involved in a rehab or two. It seems like a match made in heaven, because he ...
I'm a first time home buyer looking to buy a $300,000 SFH in Indianapolis and I was was wondering who some of the best FHA mortgage lenders in Indiana are. For context, I'm a single, young professional with a 740+ cre...
BiggerPockets community,
Here is my dilemma.
My primary LPs are friends and family that fall shy of the accredited investor income requirements. They are mostly Spanish speaking small business owners in Pilsen ...
Looking at a property in upstate New York, it's a 3-family building just outside of Albany in a pretty good up-and-coming part of town. The 3 units do need a little love, some new paint, removing carpets, cleaning, dr...
Hi,I did some upgrades (flooring, bathroom, paint) to my rental property and put it for RENT in February. A pipe in the attic burst and it caused damaged to the ceiling of garage and drywalls around it (before tenant ...