Has anyone used a DSCR loan? What was your experience? Are they a good option to start out with?
So I'm reading through "the book on investing in real estate with no and low money down".. I'm curious, is it possible or normal to create an LLC, obtain a hard money loan under the LLC and later refinance out of the ...
Hi BP - I'm looking at making my first deal and would like some feedback. Here is what I've got:A large home turned quadriplex with additional commercial warehouse (warehouse includes living space). Home recently re-...
Please tell me I am wrong... But does $3,750 seem outrageous for closing costs when purchasing a house that is only $63k?
Good experiences and bad please share feedback on hard money lenders you have used to acquire single-fam rehab properties in Austin area. Specifically, I am looking to purchase a SFH with major repairs/upgrades needed...
Hello!I need your help! I have been exposed to your community and I am doing this post on a recommendation from one of your members! I am a 1st time home buyer looking to make my 1st of hopefully many real estate inve...
Hi guys! I'm finally making the move to purchase my first ever real estate property and I'm currently applying to various different lenders and talking to real estate agents in 2 different cities. I'm leaning toward...
Hi, I have a cash-out refinance on my 4-family investment property, approved and ready to go with my current 1st Mortgage lender. Carrington Mortage. Total loan costs are $6,302. I would like to know if these are un...
I have been researching bigger pockets for awhile now and would like to take "advantage" of a bad situation in order to set myself up for a better chance of future success. My wife and I split a few months back, and ...
Hello,
I have 3 duplexes to cash out refi on. All are worth $200K. One is free and clear, one I owe $5K and one I owe $35K.
What should closing fees, points, appraisals add up to? I am seeing $7400-$8400 in closing ...