Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Paul Novak Small & Mighty Real Estate Investing
21 January 2025 | 14 replies
You’d buy an off-market, distressed property, fix it up, rent it out, refinance it, collect your money from the refinance, and repeat the process.
Ariel Betancourt New Student of Real Estate Investment
24 January 2025 | 7 replies
You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.
Aaron Bard Easy Street Capital (Legit or No?)
1 February 2025 | 19 replies
Don't look for lowest rate, look for lowest cost on fees as you will either refinance out of that loan or sell- the prepay will hit you on the back of the head like a cinderblock wall.
Ken M. Pro Tip on Subject To - Subto
17 January 2025 | 4 replies
If you are considering buying using Subject To - Subto, it's important to know what your exit strategy is.Talk to a mortgage broker (not a bank) and ask if that is a property you will be able to get financing on in the event you have to refinance quickly, because the Due On Sale clause was called.AndTalk to a real estate agent about how much you would have to bring to closing in the event you had to sell quickly.
Clint Miller Where Do You Find the Funds for the Down Payment?
26 January 2025 | 15 replies
Here are a few strategies to consider for funding a down payment:Partnering: Like Gregory mentioned, finding a partner who can contribute to the down payment in exchange for equity or a profit share is a solid option.HELOC or Cash-Out Refi: If you have equity in your home or another property, a home equity line of credit (HELOC) or cash-out refinance can provide the funds you need.Private Money: Reach out to friends, family, or private investors who may be interested in lending you the down payment with a promissory note.Seller Second: In some cases, the seller might agree to finance a portion of the down payment as a second mortgage.Live Frugally and Save: It takes time, but reducing expenses and setting aside funds from your income is a tried-and-true method.The right approach depends on your situation and deal structure, but a mix of creativity and resourcefulness can go a long way.
Rachel Thomasson I need advice as a newbie starting out
15 January 2025 | 5 replies
I'd start by refining your search criteria, researching the surrounding markets, and comparing them to what best fits your needs, etc. 
Steve Mitrano Flagstar Bank & LLC Transfer
12 January 2025 | 8 replies
Once you start stacking more and more property loans into your personal name, it can bleed into your personal credit worthiness.This bit me in the butt when I wanted to refinance my own house when rates were in the 2% range.  
Chris Allen Selling Home on Sub-To
9 January 2025 | 9 replies
The only difference is the seller remains on title until we have enough equity to refinance or sell.3: Typically we don’t agree to balloons.
Kris Kempe URGENT Wholesale question
8 January 2025 | 1 reply
So whenever the buyer wants to refinance or sell the property my lien comes up aswell and that's when I'm taken care of? 
Waruna Yapa Who has the best rates and how to shop for them?
8 January 2025 | 14 replies
When you build a relationship and use a Banker time and time again they know your file, credit, and can determine what program would be best for the next step or cash out refinance.