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My friend and I are starting our real estate journey together as partners. We know we want to create an llc but is it difficult to secure a loan? What are our options and what should we expect if we structure our llc ...
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Hi everyone,This is my first time posting and I had a question regarding DSCR cash out refinancing:Are the DSCR loan amounts calculated strictly on the debt service ratio or does an appraisal come in to play? Reason f...
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With home prices still very high and interest rates now high too, is anyone actually cashflowing on newly acquired property? Even the 1% rule doesn’t seem to work anymore Example: assuming 20% downPurchase price: 250k...
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is it possible to get a 30 year Mortage with foundation issues. I'm currently sitting in a house that was loaned on, but I'm being told it's impossible. Who knows what?
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Hey Bigger Pockets! Need some advice on the next step with financing. I currently own 3 single family houses with a business partner. We're both 50/50 split in the venture. We purchased the first two with cash and ...
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Hey BP, I am looking to get into REI and have been doing some research on getting a Heloc on my primary residence. I do have a good amount of equity in my current home, but I am more concerned on the details of after ...
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Hello guys, I would love to have some advice from this great community. Here is the dilemma. My wife and I think we found a good property for our rental property journey. This will be our very first rental property. W...
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HI BPers,
I currently have a $100k unsecured loan (10%) available to me and was hoping to use it for my first rehab and sell property. I have not been able to get any offers accepted for the last few months. The ap...
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Hi all, this is my first post. I am a big fan of the podcast and enjoy reading all of the amazing information on here.Here is the question. I am 38. I am married with 4 kids and a dog. We have never owned our own home...
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HelloI want to take advantage of the high appreciation rates currently in SOCal so I applied for a HELOC of 120,000. I have home value of 770,000 and owe 525,000. That is 245,000 in equity. BofA has called and said th...