I have a rental property (NOT Primary Residence). I want to take out a HELOC on it. I cant find any lenders who do it. I researched online and in person for the past 6 months and came up with nothing! Please. If anyon...
Hello, Bigger Pockets Community!I'm a Madison, WI resident who is currently learning what it takes to be a successful real estate investor. Like many other people, I was first inspired to study real estate investing w...
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I'm considering owner financing in order to sell a rehab. I've read some threads on here but I've never used OF. So I'm looking for some BP advice:
Sales Price-$67,000
Down Pmt-$15,000
OF Loan-$52,000
Interest Rate-...
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I have a home in Orange County, CA that I am going to rent out. The had to evict the last tenants and lost out on 5 months of rent do to the evictions being frozen. I wanted to ask for 2 months security deposit to ...
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Hi,Need some advice - I've found a good deal in Philadelphia. Purchase price is 55k and the house is in very good shape, currently rented. Looking for a conventional loan that will loan me 45k, every mortgage broke...
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Hi BP, I would like some advice on a triplex I will be acquiring on June 30, 2021. The current owner disclosed that one of the tenants (occupying the biggest unit) has not paid since April, 2020. His lawyer filed the ...
(Cross posted as I posted it originally under the creative financing section)I have a previously occupied SFH that is with a 2.75% VA loan. I've had it rented out for about 4 years now and it's sitting around 180k rem...
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Hi All,I have 2 homes, free and clear, in Dickinson North Dakota that i am generating $1500 each in rent per month. I have an opportunity to build 2 more homes and sell them but I am struggling to get financing to bui...
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I'm looking for banks/CU's you've used that will give you a HELOC on an investment property and use the rental income for your DTI calculation even if you haven't rented it for 2 years - if you've only rented it for 6...
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Your goals and story: My husband and I want to own real estate as a retirement strategy to replace all income and be able to also do various charitable work while providing for our children.
Type of property: The pro...