John Penola
401K for Down Payment
I'm a first time investor. My goal is to buy my first rental property in the Indianapolis area by Feb 1st 2020. I've been listening to BP for about 18 months and have read 10-12 real estate books.I'm considering using...
Eric Gutierrez
Using 401k Loan to Get to 20% Equity FHA
I got bored at work today and started taking a look at my options on my FHA loan.
Short background
I have an FHA loan on a duplex that I own. I paid $165k for it in 2011. My FHA MIP is just a hair unde...
Wayne Yahnke
2nd Mortgage Payment doesnt work in the numbers
Good morning BP!I’ve been crunching numbers on multiple buy and hold rentals as well as brrrr investments in my area and I continue to have trouble getting deals to cash flow with the 2nd mortgage Loan Payment (down p...
Anthony Portugal
Investing with First-Time Homebuyer Program money
Hello,
I'm a newbie to investing, but have been doing much reading in this forum and would like to get started in REI.
I've recently applied for the First Time homebuyer down payment assistance program with a local...
Rick Howell
Hard Money Loans: What You Need to Know
If you are new to property investing, you may be familiar with the term “hard money loan,” but you may not be aware of how it works. In general terms, hard money loans come from a private individual (or group of indiv...
Israel Irizarry
FIRST TRUST DEEDS VS. MORTGAGES: WHAT’S THE DIFFERENCE?
When borrowers take out a loan for a property, they have to sign a promissory note--a document pledging to repay the loan. Depending on where the transaction takes place, this document could be either a mortgage note ...
Isaac Chun
Working my first REI deal in Las Vegas
Hello fellow BP investors and all around entrepreneurs! I am embarking on setting up my first investment property deal here in north Las Vegas,NV. This will be a buy and hold deal, but I do have back up exit options s...
Griffin Francis Eaton
HELOC repayment strategies
Hey Bigger Pockets! I was hoping to get some ideas on how investors are paying off their HELOCS for REI. I would like to buy, rehab and hold another multifamily in my area. The price is to high to Buy cash but I would...
Anthony Sclafani
Shopping for the right HELOC.
What type of HELOC is best for the BRRRR method of investing? Should I be more concerned with a fixed, variable or interest only rate? What are the most important factors? Any advice would be greatly appreciated.
Chris Galetta
Learning the Numbers on Flips and Rentals
I’m extremely new to the bigger pockets podcast, having only listened to the 4 latest episodes.I am in search of a place I can go to read up on the numbers side of things for real estate investments in general. I unde...