I currently have 1 conventional mortgage on a home I no longer live in and it is currently rented. I'm looking to purchase another primary. I've got another 10 properties with commercial portfolio loans on them. Am I ...
Doing a private mortgage out of my solo401k for someone's new purchase of their primary residence. Can I do the mortgage amount higher than the purchase price in order to escrow money for home improvements on the pro...
I'm new to BP and looking to make more real estate professional contacts. My company has been in business for 2 years and we are growing. We have flipped 11 houses and currently hold 9 rental SFH income properties....
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $509,000
Cash invested: $45,000
Duplex (2/2 main house with a remodeled basement and 2/1 casita). I house ha...
Hey BP!
I got rejected from my credit union because I said that I was using my HELOC for investments. Should I just say home improvements or what? Were is the best place to get a 90%LTV loan thats interest only? We ...
Hello Everyone,
I purchased my NACA home more than 5 years ago, and I obtained a HELOC on my home last year.
The financial institution that approved and funded my HELOC was fully aware of the NACA Lien on my home an...
Hi, I recently had a tenant who had 2 cats, she lived in my s/f home for one year. Her cats peed on all the carpet in the house, it was especially moist in the corners of the living room. This home has 3 bedrooms. The...
Dear all! Can you please, advise, the investment consultant / advisor. Loan consultants also needed.
I was reading an old BP article posted by Jeff Brown regarding the use of excess depreciation and how it could be used in replacement of 1031 exchanges: http://www.biggerpockets.com/renewsblog/2010/01/05/150k-year-exc...
Hi, I'm in Chicago. I have very little equity, roughly 3k. My goal is to buy a single family home in Arizona and rent it out. Does anyone have any advice, a sort of “do’s and don’ts” of buying property out of state? I...