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Hi all-I recently completed a cash-out refi and I'm wondering... how quickly am I allowed to use those proceeds on a downpayment for another investment property? Are there any standard rules/regulations around using t...
Hello bp,I found a home that needs lots of work. Its Fannie mae and only accepting cash or 203k. I rather not use 203k. Is there a way to get a hard money loan to make a cash offer, fix it up and refi conventional to ...
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Hello. I just joined this group as I am looking for advice on purchasing my 1st investment beach condo. I am in contract and trying to decide the best options for the loan and down payment. I want to use my heloc f...
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Maybe the motive and reasoning is clear to someone else, I'm a bit stumped. Why is quicken pushing 15 year loans? (I keep getting ads from them). Is this some sort of speculation that between inflation and interest ra...
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I'm brand new to real estate investing so thank you in advance for your help. My question is, can I assume a mortgage on a home in Georgia if the seller is behind on payments and headed toward foreclosure? I've read a...
Hello everyone, long time lurker first time poster. I’d like to introduce myself as well as ask a question. I have a potential off market deal, which would be my first RE investment. The house is in the foreclosure p...
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Hi all,
First timer here. Would appreciate sharing your knowledge.
I've been analyzing many properties and came across a struggle. When you do a BRRR, you want to get ARV as high as you can so that you can get mos...
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Hi all,I am very new to real estate but am very interested to pursue a career in real estate in the near future. I apologize in advance if my question is silly/stupid.My question is, how is it possible to finance for ...
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I recently signed a contract on the purchase of a condo unit in downtown Chicago. It was listed as FHA approved building. It was going to be our second home with our daughter living there. Applied for mortgage, since ...
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For a rookie with low investment capital, what investment strategy would be best for me at this time? My personal goal is to build a rental protfolio, but I'm open to anything.
Thanks in advance.