Scott Kelley
Forming LLC for duplex purchase
Hi all, I'm planning to purchase a new duplex in Colorado Springs with a colleague. It looks like we would be best served to form an LLC for the asset protection. We plan to purchase at least 3 additional multi f...
Sheryl Orwel
buying investment property with home equity
Hi All, I know buying investment property with a home equity loan has been discussed before, but I loved to hear thoughts/ideas/tips for someone starting out. In the process of refinancing my condo of 4 years and dis...
Renee Garcia
Big Bear vacation rental (STR)
Hey everyone! I’m scheduled to close tomorrow on a 2ba/1ba house in Big Bear City. The house is super clean and cute but I want to update it and make it a smart home. It’s already registered with SBC as an STR that I ...
Johnathan Whiddon
Advice: BRRRR vs. Traditional Financing
I am new to Bigger Pockets. I am working on deciding which strategy to pursue for real estate investing. I have an amount to invest which will likely not be enough to purchase and rehab a property in the DFW area wher...
Taylor K.
Next step for owner financing
Hello everyone, I am looking to purchase a property from an out of state owner. We have agreed that she would be holding financing for the property. What is the next step?
Francene Iaizzo
On-line Auctions
Has anyone participated in an On-Line Auction? I see properties being auctioned at Auction.comand I'm just wondering if this is a good way to purchase properties below market value. Also, should mention that I live ...
Emmanuel N Okafor
Need feedback on best way to finance a current deal
I had a seller I reached out to last year contact me last week. She wants to sell me her house by April. Problem is I wasn't looking to buy now. I spent about $80k to buy and fix up a rental property late last year. I...
Geode Pratt
Door knocking occupied REOs prior to making offer??
Hello all,
I am considering purchasing some occupied REO property and was wondering if anyone has any experience with approaching the current occupant prior to purchase?
These properties have already gone through t...
Nick P.
Purchasing multi unit with tenants
So I'm looking to purchase a triplex right now. All of the units are occupied. The rents are much lower than what I will need them to be post renovation. They are currently month to month. What steps should I go ab...
Max K.
Helping a friend with a down payment + 1031 Exchange
A friend of mine is purchasing a single family property in a desirable suburb of Boston, MA with considerable room for equity growth. He's only putting 5% down and will be paying PMI as a result. On the other hand, I'...