James H.
Hard Money Details
I have found a HML that will lend up to 70% ARV at 12 percent. The closing costs are 3000 (which includes one point at closing) and there are 2 points due at payoff. Draws for rehab require inspection at a cost of 125...
Julie Marquez
Have You Ever Regretted Selling a House?
This question is for buy and hold investors. My investment plan is to buy the right properties and hold them forever. For me, it's not about quantity and number of deals, but about quality and getting my few propertie...
William Collins
Full Time Employee/ multiple BRRRR side hustle 28.75% to goal
Here is my accountability update for my goals: achieving $20,000 cash flow per month (10,000 for me, 10,000 for my cousin). All of these are in Connecticut using @Michael Noto to help on acquisition. We do use PM ...
Daniel Green
Not enough income for conventional mortgage
Long story short, my wife and I found a great deal on a duplex that would easily cashflow $600+ each month. After viewing both units and talking it over, we decided to go for it. However, when we talked with our lende...
Kevin Lefeuvre
Creating a LLC just for renting and managing my own property.
I have decided so far not to create a LLC for each property, instead using a good insurance. Also because getting loans is complicated in LLC and there are fees for each LLC (just $800 per year franchise tax in Califo...
Patrick Bunn
How is this for a plan?
Hello BiggerPockets family!
My name is Patrick and I'm in Birmingham, Alabama.
I am new to all of this so any input would be appreciated. I figure just asking for help as a newbie isn't sufficient; so I developed a...
Terry Wood
Multifamily / Apartment Investors - Start small or Big?
Hello BP and Apartment aficionados,I have heard many seasoned investors say start small and grow bigger. I have also heard them say in retrospect they wish they had started from the beginning or at least sooner with 5...
Telless Cade
Buying your first note
I'm looking to purchase my first note and I was wondering how did you acquire your first one? I'm currently cold calling banks and I'm putting together a list now for mailers. Also I'm looking in my network to see exa...
Chris Wiser
Advice for new investors with a full time job
My current end goal is to create a passive, sustainable stream of income that will allow my family and I to travel and with a good deal of flexibility and not require too much time investment per week (would 20-30 hou...
Matt Gee
First Deal, Abq NM, SFR, now which exit plan should I choose?
After months and months of lurking on the site, and a few months of posting, I went and did it. Property 1 has been closed on.3 Bedroom 2 Bath 1600 sq feet, 4 types of flooring, a crappy kitchen, a bathroom with a ho...