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Hello All, I am fairly new here and to investing overall so please forgive me if I am asking the wrong question or leave out necessary details. I am working on my first deal and wanted some advice.I am looking at a ho...
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Let's say I buy a home for 100k with a 20k down payment. A year later that same home is now worth 150k and I have since put 10k into the principle on the loan.Would I now have 80k in equity?If i refinanced, would i be...
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Hello,I understand that the answer to this question depends on the local market. High cost areas, like SF bay area, would need higher down payment to have positive cash flow and vice versa.That's why I am curious abo...
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i am new to investing and short on cash. I have my parents and a brother that both own their homes. I am wondering if it's possible to get a HELOC in my name but using one or both of their properties. I would then ...
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Hey Everyone. I'm brand new to REI and to Bigger Pockets! This seems like an incredible networking opportunity for this business, so I'm glad I found it.I have two rather general questions. First--what would you sa...
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We just rented our remodeled 3/2/2 to a great tenant in November. She is interested in buying the property and is installing mini-blinds, gutters, and maybe a new dishwasher at her own expense. She should probabl...
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I would like to buy a multiplex property using a double close for the purpose of holding as a rental property. I don't quit understand how that works. Can someone explain how that might work.
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We've been running all over creation showing a client $1M+ properties and finally put one under agreement for over $1.5M.All sorts of tiny red flags start showing up. Earnest money check never arrived at the seller's...
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In Iowa the law was just passed that makes assigning contracts as a business model Illegal and the closing attorneys will not close those.
This was a Wholetail deal IE buy it trash it out and sell as is.
PP 50k ...
Hi all, I just wanted to find out what you guys think about this situation. Primary applicant and co applicant have a child but are separated relationship wise though living together for now. Primary applicant is comp...