Griffin Malcolm
Options for Using Two Vacant Plots of Land
10 January 2025 | 8 replies
I just completed a small subdivision myself - just a word of advice that if you do sell any of these you'll need a release of mortgage from your current lender to do so.
Andrew Katz
What is the Process for getting a HELOC on an Investment Property
3 February 2025 | 7 replies
I plan to utilize some cash, margin loan, 401k loan, and a HELOC as a down payment.My first house hack (now an out of state investment) has a Zestimate of $530K, and I have $266K left on the loan.
Alex Messner
Purchasing first home (with debt)
4 February 2025 | 11 replies
My biggest question is this: do you think I should continue to rent for now and prioritize tackling loans?
Jerryian Francois
CA N I US E A 203 K To Fund A Rehab In
30 January 2025 | 8 replies
He works with us often here in Chicago, but can service loans across the country!
Nish Chakilam
New and Aspiring Investor
2 February 2025 | 4 replies
We are still relatively small with only 5 properties, 7 doors.
Ryan G.
Investment Property opportunity assistance
6 January 2025 | 5 replies
Here are some of its vitals:- Zestimate: $345K (I know this is typically 10% or so high)- Last Sold: 8/2021 for $281K- Roughly 1400 sqft- Some cosmetic work needed- $25K left on solar loan- The home was build in 2004 and it looks like it has the original AC unit, so I am assuming that needs to be replaced too. - 2 story house with very small rooms and and 2 steps down, imminently as you enter the front door.- Gated community and in a reasonable HOA. - The home is 2 payments behind and already got a letter from the lender about future foreclose.
Hudson Filippi
Using FHA Construction to House Hack?
30 January 2025 | 8 replies
You could also use a Fannie May Home style renovation loan which a conventional loan and require 5% down vs.
Jason Mergl
Building a Team in Albany Area
14 January 2025 | 21 replies
Bigger Pockets is a great place to find a real estate tax accountant.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
Lindsey Waltz
85% ltv DSCR
29 January 2025 | 7 replies
Instead of a 1 to 1 ratio, the required ratio can be 1 to 1.2 or 1 to 1.25.More on DSCR loans: DSCR loans won't use your income to underwrite the loan.
Erica Dike
Design Dilemmas: What's your biggest struggle with designing your vacation rental?
3 February 2025 | 26 replies
If you scour Craigslist, FB Marketplace or OfferUP, you will find some amazing deals on quality USA made furniture for pennies on the dollar.