Ugo O.
Calculating ARV and the 70% rule
12 December 2024 | 7 replies
How do you PAY back your contractor, did you take out a construction loan and repay them once the property sells or you refi?
Garrett Matthew Hester
Cash out refi to turn current home into rental and use cash out towards new home
9 December 2024 | 4 replies
Most residential mortgage lenders that I work with max out their LTVs on primary residences at 70%, which would mean a loan of $336k.
Melanie G.
Suggestions on best commercial lenders for a NC project??
12 December 2024 | 4 replies
Welcome to the world of bank loans!
Renee Coss
Should I convert my garage into ADU for a Short Term Rental?
11 December 2024 | 14 replies
My plan was to do a Home Equity Loan and the STR income will pay off loan in maybe 3 years.
Mike Sfera
First investment strategy
12 December 2024 | 6 replies
@Mike Sferacorrect. one small tweak, if you're buying fixer, you wouldn't typically buy with a 'mortgage.' you'd use cash or a hard money loan.
Steve Fiedler
Excited to join the Bigger Pockets Community
12 December 2024 | 5 replies
There you will be asked your criteria and then after answering a few questions you will be matched with 3-5 agents or loan officers in your area.
Mike Sfera
Right Down Payment Amount??
10 December 2024 | 14 replies
Recognize any cash you add to down payment is increasing your cash flow by the rate of the loan.
Lorraine Hadden
Do You Self-Represent in Real Estate Transactions?
4 December 2024 | 6 replies
On the sale side of the equation I rely on 3rd party sales agents for my housing geared towards owner occupants.
John Underwood
Why an LLC may not protect you from a Lawsuit
19 December 2024 | 50 replies
I'll take a guess why Mike got an LLC: the lender required it for a commercial loan.
Lorraine Hadden
Is AN 800+ FICO CREDIT SCORE EVEN POSSIBLE?
9 December 2024 | 38 replies
If I am applying for a mortgage for anything I have to self-report these loans.