4 March 2020 | 8 replies
The other members would simply need to have a minority ownership in the LLC, but again that % of ownership is different for every Lender, so it would just mean amending your operating agreement to reflect what works for the lender you ultimately decide to proceed with.Hope this helps!
25 February 2020 | 5 replies
Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction 2.
10 March 2020 | 9 replies
Since this is a real estate investing forum, I'm not sure many would agree with investing 22% into a 401k, but that is a personal choice.
26 February 2020 | 4 replies
Section 8 goes up every year on what they will pay.This is based on my experience in my area, you r mileage may vary.I would get a copy of the new rules and read them thoroughly to know what you are expected to do and where you have the ability to make choices.
9 March 2020 | 17 replies
Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction 2.
2 March 2020 | 7 replies
I got a decent rate from one of the online brokers, and I will be putting down a 10% down payment by choice.
4 March 2020 | 24 replies
There isn't a magic line you can tell buyers who saw your house thought about it and ultimately decided not to make an offer.
2 March 2020 | 23 replies
I've been taking inventory of all the physical books I have and slowing reading through them.I also took the Bigger Pockets Ultimate Beginners Guide and started my real estate business plan.
29 February 2020 | 2 replies
Good deals aren't obviously easy to find.I'm trying to decide if I should :a) just be patient in my chosen market and wait for the right BRRRR deal even if it takes monthsb) also look for a small MFR (my #2 strategy choice) so I can start investing while waiting for the right BRRRR dealc) expand my market into a 2nd location (I'm out of state and like my initial market as it's backed by good metrics and I have family in the area which can help mitigate some of the risks of out of state investing).I'm leaning towards looking for a duplex as it won't prevent me from buying a good BRRRR.
29 February 2020 | 3 replies
Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction 2.