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My gf and I are in a situation where we have the option to choose between FHA or HomePossible. In either cases we would be putting 10% down and planning on refinancing out of mortgage insurance in about 2 years, after...
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Hi everyone, I am fairly new to bigger pockets and most definitely a novice with REI. I have been so engrossed with this website and the wealth of knowledge that is freely shared. I happened to stumble across this si...
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Hello PB community. I was told that by using sellers credit I can drop by down payment. I’ve been trying to research this but can’t find to much about it. What exactly is sellers credit, and how can I use it drop my d...
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Say for example you have $100k in cash reserves, and also have $200k equity in your personal home. You want to buy a few homes for buy & hold rentals.
Is it better to first take out a HELOC, before using your ca...
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What payment method do you all prefer when it comes to accepting rent? I’m looking for something easy, organized, and hopefully automated.
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I have an owner/user building that houses my business. There is substantial equity in the building, while simultaneously the business is no longer strong as it once was. My current plan is to sell (it is currenty on t...
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My husband and I own one STVR property in Florida. The property has no mortgage. We own our primary residence; it has a mortgage with about $250k worth of equity.
We would like to purchase a second STVR investment ...
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Can someone explain to me how DSCR works and why it would be better to do interest only payments vs a 30 year mortgage on an investment property?Seems the interest only quotes are still high and not worth it.
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There are way too many scam artists out there claiming to be legit people to fund money for real estate investing. I do not have family and friends to rely on to get capital I need for real estate investing. I hear ma...
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Is a HELOC a good choice in today's market with such few supply and greater demand. the buyers with cash offers are usually the winning bidsWould probably give you a quicker transaction and more leverage when negotiat...