David Cornett
Reasonable terms for seller financing
Hello,There is a SFR on the market (1200 sqft, 3b/2ba). Sale price is $78K but the seller wants to finance the deal, requiring 5% down and $850/month for 20 years. This translates into $204K over the life, in additi...
Sasha Fukuda
What would you do if you were me?
Hey, so I've recently discovered biggerpockets. My financial situation is pretty unusual. I have a good credit score, family members with some money, $200,000 in stocks, bonds, and crypto, and i've started saving betw...
Juan Pablo Murillo
Title - LLC transfer
My business partner and I are buying a rental property (2bd/1ba) in Michigan. We’ve also formed an LLC in the same state. We’ve been preapproved for conventional financing. Because our LLC is new, we’re using personal...
Sam Green
How long will it take for you to Retire?
I saw this new area and decided to get it going. I figure that I'll be able to retire somewhere around 10 years from the time I started investing in real estate.
How long do you think it will take you to retire, sta...
Julie Mcneeley
Help 580 credit score
I am soon going to be a single Mom. I have stayed at home for the past 4years to care for my daughter so dont have current job history. I have several negatives around 100.00 each..should i pay these off? will tha...
Brett Hearn
screening poor tenant pool
Hi all,So I guess I'm just looking for some general advice. I'm am currently screening tenants on my second rental property. I think I had a bit of beginners luck on the first one because they are great and it went ...
Peter J Marshall
Mentor - where and how to find a mentor ?
Most of my life i have been the know it all! I recall back on younger years when Dad would try to give me the guidance and advice most fathers do. let's just say more often than not i robbed him of the opportunity. So...
Jim Kimmer
Help analyze this Mobile Home Park deal in Indianapolis
Hi all,Would like to get feedback of a possible mobile home park deal that I have on contract in Indianapolis, IN. It is located 4 minutes away from the Indianapolis Speedway, 10 minutes away from downtown, and reside...
Account Closed
Savings vs paying off debt
Hello all. I have ~$24k in car loans for which I had a plan to get paid off in a few months, while continuing to save money to begin investing in real estate... to date, we have accumulated close to $30k, kept in a “...
Andrew Perkins
Family and work life balance
I am in the beginning stages of purchasing a rental property with a goal to close a deal in Kansas City this summer. I am looking for a long term single family residence. The ultimate goal is to have several cash fl...