Hi BP community,I have been going over the different forums here trying to get the hang of breaking ground on REI. We just opened escrow on an income property in Los Angeles and wanted to get everyone’s opinion/input....
How can a young investor with low income make an investment that can become into a passive income?
Hello!I am 23 years old and looking to begin my real estate investing career in the next year. I have been educating myself through reading articles and the BP podcast as well as saving my current income. I also have ...
Hi fellow BP-ers!
I am a new investor looking to get your advice on my current situation:
*Paying mortgage on my residence that has about $250k in equity
*Not much cash on hand
*Interested in BRRRR method or flippi...
I am currently in the process of acquiring my first buy and hold multifamily property. My cash on hand is not enough to pay the 20% down payment for a loan so I have opted to put 5% down with a conventional loan. I ch...
After utilizing a hard money lender, I will need an exit strategy. I don’t qualify for conventional loans but I may be able to utilize a portfolio lender based on my given situation. If anyone is familiar with any goo...
Out of state investor looking to purchase properties in St. Louis area. Want to put them together into a portfolio loan for approximately 80k. Does anyone have a contact or know of a bank that would work with this sit...
I wanted to know your take on what would be the best way to go. We are looking to flip our first house whenever we save up the funds. We will also be attending our first REI meeting next week to hopefully talk to pr...
HELP! it been 3years now I’m trying to buy a property but it seems impossible for me. I been under contract for with few properties but things always goes wrong.
I am under contract with a 3 family multi unit in New...
Hey BP, whats your take on taking a personal loan for the down payment of the mortgage first property investment?
Is that possible, do such banks allow that?
Is it a bad idea?
Any feed back would be helpful, thanks...