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Good morning BiggerPockets,It has been a great 2017 thus far, and I owe a lot of the success and triumphs to this site. I started selling real estate in March of 2016 in the Washington DC area. Our team, Trent&C...
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I don't qualify for any more conventional loans so now I need to go the commercial route. Does anyone have any advice? Should I go for a 5-year ARM, or DSCR, or try to get a long-term ARM or DSCR loan? Are there any o...
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Hi BP,I've been curious as to opening a line of credit for my fix and flip business and wanted to know what is the best way to go about getting one. This would be a personal line of credit as the business LLC is not y...
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This is my first extensively water damaged home that I may purchase. Surprisingly, it has nothing to do with the roof. The roof and attic are the best parts of the house, 0 problems.
Main line, laundry line, kitchen ...
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I’m looking to secure my first brrrr deal soon. I have a line of credit to use for dp and rehab. I’m curious how to get financed. I have everything in place to fix it and put it up for rent. Any private lenders out th...
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Hi BP community,I'm still pretty green to the REI world and trying to branch out from what I have been doing so far, which is buying relatively turnkey properties. I invest out of state, although we are thinking of m...
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Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $790,000
Cash invested: $790,000
New construction 6 unit property (3 duplexes--each unti 3 bedrooms, 3 bathro...
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I had a seller I reached out to last year contact me last week. She wants to sell me her house by April. Problem is I wasn't looking to buy now. I spent about $80k to buy and fix up a rental property late last year. I...
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After a year of working our tails off to get in position to invest, we finally purchased our first property. And we feel great about the deal we got. We formed an LLC and found a lender who would take a 30 year tradit...
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Today I got an offer from my bank that I’m approved for 100K in a personal credit of line. I don’t have any rentals income as I’m about to buy my first one. Truth is I’m highly motivated to start my investor journey i...