All Forum Posts by: Steve Wilson

New to BP, anticipate buying my first rental property in teh next 3-4 months and hoping to solicit recommendations for home insurance in the Detroit/SE Michigan area. Have heard that some of the "big name" insurance companies (i.e. Farmers, State Farm, etc.) increase their rates quite a bit annually and wanted to hear what others' experiences have been. Thanks!

Thanks Marshall!

Thanks for the reply. I'm looking to start with a long term buy and hold deal - your concern about HELOC is what I was worried about. Seems like safest play is be patient and safe for down payment, but curious how others got started if they weren't able to do this. Thanks again.

Hi all,

I’m a novice investor just looking to get started and was hoping to get some advice. I’m currently reading Brandon’s book on creative financing and am interested in exploring the possibility of obtaining a home equity loan. As someone with little capital to invest at this moment, I’m wondering if this is a reasonable (and relatively safe, depending on the deal) option to pursue even if I’m not clearing much in the way of cash flow to start. Seller financing seems like a viable option, but how do I go about finding these kinds of opportunities? Thank you!

Hi all,

new to bigger pockets. Just looking to learn and connect as I start this journey. Can’t wait to get going!