Hello to everyone here at bp.com! i appreciate everyones great advice all through these forums. I have been trying to get into the real estate game for a long time now. I have finally gotten my familiy in financial p...
Hello everybody,I was wondering if anybody had any thorough answers to this topic. I have decided that in the near future I would like to start doing lease options. I already have a home that I was planning to wholesa...
Hello everyone!Rookie investor here, in the process of buying my first multi-family. I've seen quite a few properties and am doing my analysis to make an offer.For Context, there are two specific properties I am consi...
This is a summary of learnings from a recent project I personally completed.
Steps involved:
1. Buy a home with a large backyard
2. Get permits to build a detached ADU (DADU)/backyard cottage in the backyard
3. ...
Can someone explain to me how DSCR works and why it would be better to do interest only payments vs a 30 year mortgage on an investment property?Seems the interest only quotes are still high and not worth it.
What are the downfalls of this as from what I know would be greater than the benefits? I know it can be done successfully and has by experienced investors? If the deal is a strong one, does that matter even if investo...
Hello Everyone,I am from California, and I plan on buying Single-Family Homes in Texas this year. I already formed a Texas LLC, EIN, Registered Agent, opened a business account, the whole 9 yards. I recently learned ...
I'm about to make an offer on a house with cash and I hope to refi the cash out immediately after renovation. I learned that you can get a conventional loan called "Delayed Financing" loan. However, this loan can onl...
Hi everyone. I have been reading Biggerpockets for a long time and find it to be a valuable resource. Thanks to everyone who contributes. I was wondering if anyone could give me some advice on the best course of a...
My name is Andre Houston I purchased 2 rental properties I never lived in them. I was finally able to purchase a house for my family so I have 3 total. I'm trying to figure out how to scale up to multifamily homes. I ...