14 January 2022 | 12 replies
Every time real estate has come up over the last 3-4 years I get this deep excitement in me but never took the step to learn anymore, I really just hung onto what other people were doing and admired what they were building.Now that I have been listening to podcast, reading books, and telling people I am getting into real estate investing, the excitement grows and grows.
17 January 2022 | 2 replies
With the rapid appreciation in this market, you are typically able to drop your MI through refinancing rather quickly and can end up saving a good amount of money.Hope this helps!
10 January 2022 | 10 replies
Every since investing in Marina Point in 2020, I have grow to appreciate the true passive nature of syndication investments.
11 January 2022 | 9 replies
As you grow and get into bigger deals you'll be forced into ARMs so take advantage of the long-term loan while you can - just my two cents.Also, I'd talk to more lenders and see if you can find lower rates and maybe someone who will go up to 80% LTV on the 30 yr fixed refi.
7 January 2022 | 4 replies
Like most investors, I'm at that crossover stage where I'm afraid I can't afford outside help yet because it seems too expensive, but I know intellectually that it will help me to grow quicker.
10 January 2022 | 4 replies
You seem to get that and are willing to do the work which is important in this business.As you grow, you will have to do less and less of the work because you will be able to absorb these budget increases for unexpected things.
7 January 2022 | 1 reply
Hello!!I am new to this and definitely learning an incredible amount of information as I go thanks to the BiggerPocket podcasts, forums, books etc.. I am purchasing my second property and was thinking if I should esta...
7 January 2022 | 1 reply
Assuming you're in a situation to do so, you could side hustle or continue saving a bit more where your $5k nest egg could grow a bit more and you could get a very low down payment FHA loan for your first home where you could house hack and generate cash flow while living for free.
23 January 2022 | 28 replies
It's a no brainer to do it if you want to grow.
9 January 2022 | 6 replies
Unlike ~50% of BP folks I am a fan of having an LLC for your properties but also believe that 1 per property is overkill as you grow.