Hello BP, I'm a new real estate investor looking to do my first fix/flip in the DFW area. My main question pertains to financing; would you recommend utilizing hard money or my credit union for financing? My first fli...
Hello BP community,
I am close to finishing the rehab on my first rental property and looking to refinance soon. Does anyone have any good DSCR lender recommendations? The property is located in Houston.
A lender t...
Hello, BiggerPockets community,
I'm reaching out to gather your insights on the most prudent investment strategy given the current market conditions. With $20k in savings and an additional $4k monthly saving rate, I'...
Hi all, I just received the below term options on a DSCR new purchase loan (780 credit score). I'm curious to learn if these seem in the reasonable range including the fee amounts. I'd also like to ask if the rate di...
Hello biggerpocketsI’m looking at buying a home through seller financing, and the seller doesn’t want to hold the note for too long. My question is as follows: can I do a DSCR refi in a couple years and take out a loa...
All,
I was looking for some light on the contract between the seller and the wholesaler.
My understanding is that you agree to purchase or assign the contract for the house from the seller.
Well i...
Can you please help me out?Ive never bought with sellers finance before but would like to learn about it. Sometimes I hear comments from different people that in Midwest land contract is not the same as land contract ...
I would like to hear your opinions in this property. It's a single family I live in, estimated value is about 250k, mortgage balance 112k, two rooms are rented, that cover the mortgage payment. 1st option is to sell i...
I will ask my CPA this question, but was wondering what BP thought of this. I have a Roth IRA and I invest in stocks and bonds. Also, I trade stock options within the account. Will the income and capital gains from...
Hello ,I am currently looking for a bank that allow refinance with low seasoning period , and offer cash out on the refinance. and how long do I have to own the property before the bank will lend the appraised valueIf...