Marty Summers
Renting a home with a pool
28 March 2018 | 3 replies
You can borrow from bank (signature or Home Equity) private money, hard money or even put on a credit card.Then you wouldn't have to worry about the pool liability or tenants.Maybe your In-laws would front the money?
Account Closed
I/O (Interest Only) loans are making a comeback?
28 March 2018 | 4 replies
Credit cards, student loans, plain ole vanilla mortgages, etc. because they have somehow managed to mess all of these up at one time or another.
Jake Penny
Hello everyone!!!! I’m new to bigger pockets!
28 March 2018 | 1 reply
I have raised money, had done creative financing through credit cards at 0% interest rate, relationships with Hardmoney lenders, and have just started my pursuit with corporate credit andBig lines of credit.
Mayer M.
Need help!!! rent or try to sell?
31 March 2018 | 15 replies
If you keep it as a rental would a local credit union or something do a HELOC on it?
Cody Bain
22 y/o Active Duty, Buy or Rent in Pensacola, FL?
5 May 2018 | 26 replies
If you use your VA eligibility right now, then when you get to your next duty station and want to buy a nice home, you'll be what's called a 'MULTI user" and then over 3 points in VA Funding Fee will be stacked on your next VA loan.Here's what I'd do...or the subject property, since you have 10% down, do a FANNIE MAE 1st mortgage 80/10/10 = 90% Cltv) purchase programEX: 180,000 purchase$144k 80% ltv - 1st mtg on a low rate Fannie Mae loan$18k 10% ltv - 2nd mtg (simo purchase money 2nd mtg) eliminates the PMIgives option to waive escrows you divide and conquer, meaning you can knock out the 2nd mtg. and drop total payment leaving just 1st mtg. paymentAlso, in lieu of a discount off sales price, simply negotiate seller credit to pay your closing costs (note: up to 6% of sales price seller concessions allowed)
Jo Zhou
An old couple in difficulty and cannot pay rent, what could I do?
12 April 2018 | 65 replies
They have secured loans from some veteran credit union to pay the last 5 months rents.
Aaron Vargas
Owner occupied down payment
31 March 2018 | 9 replies
@Aaron Vargas Not to beat a dead horse, but pretty much every large lender throughout the country will do down to 3.5% on an FHA owner occupied loan on a 1-4 unit as long as your credit score is above 580.
Shinnah Brown
Finance Company Recommendations
6 April 2018 | 11 replies
I’d try to some local smaller credit unions and savings banks.
David Coronado
Am I getting ripped off with my closing cost?
31 March 2018 | 8 replies
W/o specifying the amount of loan and downpayment, credit info it is hard to tell.
Vincent Chen
First year investment Tax report
28 March 2018 | 5 replies
You may be eligible for a credit for the taxes that you pay to the other state.If you do the tax return by yourself - make sure to capture items on the closing documents onto your return.