Sheldon Nave
Just brought a house, what now?
Hey biggerpockets community. Me and my wife just brought a house, for a decent price not the best because it doesn't have equity in it ( A concept I just now learned). This is our first home so we don't know too muc...
Jed Brinkley
Non-conventional lenders for 1099/independent contractors
Hi all,I went from W2 to independent contractor in April, and the lender's mortgage requirements are derailing my RE investment plans.After watching the BP YT episode with David G. and Christian from The One Brokerage...
Nathanael Isaac LaCorte
Renting Out Home to Create Income History & Build Rentals
Hello Friends,
I am toying with the idea of renting out my home for a year, either as a traditional rental or an Airbnb. During that year, I would live in an apartment. The goal being to create income history so that...
Howard C
Hold Paper but the Buyer defaulted on the Loan - What should I do
I am currently holding a 2nd mortgage on a property that I sold to a homebuyer. He is now in default for over a year (I am still making payments on time on the 1st). I don't wish to start a foreclosure process or a d...
Rich Tomlinson
First rental advise, bucks county PA 200k to spend cash buyer
Hi happy new year! Start off with a quick summary of my financials.-26 years old single -Income is a little over 100k a year. -Own a single family 4 bdr house worth about 430k - currently have montage knocked down to...
Karac Davis
Changing House from my name to LLC
I have a townhouse I’m living in I got for 180k. The rate is 2.75. I have like 25k of it paid off. My wife and I want to move out and keep it as a rental. How can I get it changed to an llc for liability purposes? Cit...
Joshua Michael Hauman
Frameworks for Scaling a Portfolio
The basic principles to succeed in growing your portfolio are taking consistent action, systematizing the business, and growing at a manageable pace by reinvesting and leveraging equity over time. There are ways to sp...
Abednego Kashindi
Conventional loan Refinance
Hello, everyone! I've got a question for you. In June, I purchased a house, and we closed the deal in July using a conventional loan. Since then, I've been hard at work fixing it up, and our goal is to complete the re...
Nick P.
Understanding BRRRR in relation with refinancing
Can someone provide a numerical example of how to BRRRR your property into refinance? I'm confused with how much you can refinance. I.E. I buy a multiunit that needs improvement for 100,000. Rehab is done for 50,00...
Kelson Kanu
Real estate rookie investor
I’m a student at a community college and I live with my mom, I currently work at Albertsons full time getting 500 a week, or 2,000 a month. My goal is to purchase a duplex using an fha loan whenever I get my associat...