Long-time reader, first time poster and investor. In the middle of BRRRR rehab with hard money financing purchase and some of rehab. Plan to eventually cash out refinance with conventional loan in 12 months, but looki...
Anyone else feel like we are due for a little downside? It's inevitably going to happen again...history always repeats itself....just a matter of when???? Then it's buy buy buy
Hi BP! I was talking to a friend of mine about credit. He says that each person is worth a certain amount of credit based on their income. Here was his example: Say you make $70k per year. You are then worth $200 in c...
So I've been looking at different options to get into the rental real estate arena and for someone who works at a senior management level with a full time job it seems that Turnkey properties would be ideal to at leas...
Hello Beautiful People! I am have been running this idea through my head for a couple weeks now, and I want to confirm that it is something I can actually do.I love the idea of a lease with the option to buy. I can se...
BP,Have acquired my first property February of 2018. Recently got a soft appraisal from my realtor and banker who told me they feel comfortable that I can get $50K out of the home to use on a new property. I'm in Ta...
Hi All,My partner and I met with our first private lender yesterday, he was very knowledgeable, successful and in general a good guy. We were throwing out questions about REI and came across wholesaling and he said t...
I am being told by a few financing companies that I need an entity (like an LLC) in order get a Bridge loan of fix and flip loan. (I currently have properties in my own name with conventional mortgages). Has anyone an...
Hey bp. I have a question that I am unsure about. Can a homeowner get money out of a short sale? I have heard different things and am confused. A short sale I am dealing with the bank told my seller that any money the...
I've been listening/reading on BiggerPockets for a while now, as well as a few books on real estate investing. I really want to get into this and make it a full-time career someday. The issue that I'm running into is ...