Hello BP,
I thought that I can use my HELOC for down payment. I am in the middle of getting a loan, I was told that I can not use my HELOC because it will be a borrowed money. Can someone explain if I missed somethin...
Hey Biggerpockets, I've dabbled in residential real estate for a while but am thinking about moving up to commercial. Hoping to get some clarity on the commercial lending space. Here are two scenarios to help explain ...
:roll: I recently, on the advice of those making way more money at this than I am, went to using realtors to get leads for short sales. This sounds easier than it really is. I thought I would share with you some of ...
Could someone please explain how an owner carry works when it comes to wholesaling. How do all parties benefit from this strategy, and when should it be used? My Mentor tried explaining this strategy to me, but I am s...
Home is recently vacated, owner is in assisted living, and the family is taking care of getting the property back to the bank since it's in a reverse mortgage. Comps are at $250,000 in the area, and they owe $290K. Th...
This part of the deal is still kind of a mystery to me, and am hoping someone can shine some definitive light on it. I am going to explain what my plan originally was, let me know if it makes sense, and is viable, or ...
I'll keep the numbers simple to better explain my question.
I own a 1m home with a mortgage of 400k in Toronto (60% equity). There's 600k I would like to get access to.
- Is there a general rule or ratio at which yo...
HELLO EVERYBODY IM AT A STAND STILL HOPING SOMEBODY CAN GIVE ME SOME ADVICE ,CANT SEEM TO FIND THE RIGHT ANSWERS ANYWHERE.IM A BEGINNER AT REALESTATE INVESTING AND PLAN TO MOVE FORWARD SOON WITH PURCHASING PROPERTIES ...
Hello all,
I thought I would seek out some advice or perhaps some ideas for financing that I haven't considered. Long story short-er, I have been working with a bank to close on a 12 month construction loan with the ...
Hi BiggerPockets friends!
I'm new to real estate investing, looking to house hack (purchase a duplex, triplex or quadruplex) by February 2021. I'm almost finished reading the book The House Hacking Strategy by Craig...