If you suddenly had $3 million in your possession, what would you do with it?
Can anybody give some good real-life examples of people (or yourselves) that have overleveraged themselves in buy-hold real estate? What did it look like? What happened? What were the consequences?
Thanks!
I would like to use my SDIRA money to purchase tax liens. At the moment, I am just looking at the online OTC liens but in the future, live auctions may be another option. I know people do use SDIRA funds to purchase...
Over the past 20 years, I have developed a strategic approach to investing in the higher end of low-income neighborhoods. This approach aims to maximize value while minimizing the risks involved. To achieve this, I fo...
My family members (late 70's and late 80's) are house rich and cash poor living on social security and trying to make ends meet. Their mortgage will not be paid off in their lifetime with about 25 years left on a 30...
Hello Members,Resident of Virginia. Looking to consider JWB to invest in Florida real estate market. More interested in newly built properties that will appreciate well if I need to sell in 5-6 years. Anyone has any ...
First congratulations to Biggerpockets and the wealth of knowledge accumulated here. It's been very difficult for me to type a question that wasn't already addressed by your forums. So in an effort to participate, my ...
Hey everyone! Question - I understand that the point of BRRR is to have a property that you hold on to to increase your monthly cash flow as well as build equity overtime. But at what point does it make sense to sell?...
I am trying to break into the commercial real estate market. I have $600,000 down payment right now and already have been preapproved by my bank. But I really stink at negotiating.
I am in Southern California. One...
Hey All,I will be closing on my first SFH next week and purchased it with a residential mortgage. At the advice of my attorney I formed an LLC to protect my personal assets as I continue to grow. After speaking with...