Dakoda Spencer
REO- Is this one a good deal? Please assist!
Hello BP family!I'm looking at an REO and I really would like to have a second opinion on it as a SFR rental. Also worth noting, I will be living in this as my primary residence for at least a year. I will be walking ...
John Parshall
Primary house is paid off. Seeking advice on next step.
I will set up my question with some background info. I am married and 31 years old. I have 4 rental properties ranging in value from 135k-170k. Between these 4, I have approximately 140k in equity. I do not take any ...
Dakoda Spencer
How to acquire REO's as investment properties
Hey all, I have a simple question.
I want to purchase an REO as an investment property but I'm not sure of the process. Do I need to be sure to tell the bank that it's going to be a rental or does it matter? I plan ...
Isua Mbang
Has anyone used the “All in one loan” with CMG Financial?
I came across this loan product and was wondering if anyone has or is currently using it. It is basically taking your mortgage loan and having a 1st lien on it and it’s essentially a line of credit on your mortgage bu...
Troy Nonnemacher
Can you help me finance out of my "Rent to Own" Primary Residence
Hi Everyone,
I have an interesting situation that I could use some advice for. My wife and I found a house for our family and used a hard money lender, that we have done some business with in the past, to fund the p...
Matt Y.
Realistic refi LTV expectations
Hello,Thanks in advance for any comments. I've been following the posts here for a while and while some offer valuable insight I'm hoping to get situation specific advice.In general the plan is to buy a SFR for 800k w...
Jeannine Brennan
New to BP and considering our first deal, please HELP
We are new to Bigger Pockets, and after listening to a webcast and reading some on the forums, we were presented with an opportunity to purchase a home as a rental property (duplex with ADU (mother in law suite). We a...
Mike Pachulski
Taking equity out of a multi-family?
I own a triplex in a developing neighborhood that has been my second home and office on and off for years. It is a nice old Victorian that was converted to a triplex years ago. Legal apartments, but shared utilities s...
Kico Mendoza
What type of loan product is best for 1-4 units?
Hi all!I'm a long time podcast listener posting for the first time. I live in San Diego CA and want to invest in rentals in my neighborhood. There are several in my neighborhood fitting the description above. I don't ...
Mike Goldenthal
Members who already owned a home: How did you finance deal one?
As I'm sure all of you know, real estate investing isn't all just numbers. Life goals and personal happiness also has to factor into your decision making. That being said, my wife and I recently bought our first singl...