Good afternoon BP! So I have bad news, if you read the title to this post, my mortgage loan for declined. I've been working with Movement Mortgage, and they send all my documents over to underwriters to get a pre-appr...
Hello BP members,I've been reading BP posts, blogs and listening to podcasts. They are immensely helpful to get started on my REI journey. Thanks a lot to the whole community.My current goal is to build a side income ...
With recession looming (I believe we’re in it already - early phase), what are some of your strategies to combat high interest rates when it comes to borrowing from the bank? I’d love to hear directly from mortgage br...
I am looking to buy a house soon. I am a first time home buyer but I wanted to make some money with my first house. So these are my ideas which started from bigger pockets podcast:1. Buy a duplex live on one side rent...
Hello Everyone,I was wondering if anyone can look at this deal and share some feedback, concerns or questions. I am trying to figure out if the numbers will work and if I should put an offer. I appreciate any help. He...
Ok so I have a current deal that I know I can buy for $47,900. It appraised for $103,000 last year, it is a foreclosure property (divorce). So after looking at those numbers it seems like it is a great deal. However I...
Hello! My wife and I bought a 3 bed 1 bath well maintained sfh in a great area of LA four years ago as the market was rising. Both sets of parents contributed to the down payment. Then California passed the law legali...
My current tenant is buying a home and vacating in 3 weeks. I’m weighing whether to sell and 1031 exchange into a different market, or stay the course and get a HELOC in place as soon as we turn it over (in preparatio...
OWhat would be the most current good risk and rewards or emerging trend to invest in RE related with around 100k cash Xtra finance leverage is ok too.
Say you start with a $2M capital. Is that enough to start operating as a hard money lender? How much profits can you make in a year?