Just saw an article in Housing Wire today on HomeTap. Article says it's a growing product. Would love to get the Bigger Pockets take on it. Good option for getting money for further investing?
2 family house-Seller owes 15k, with 2 years left on his mortgage. -PITI=1500-both units bring in 1100 each. Tenants have been living there for 20 years and 6 years.-Owner is motivated and wants 280k. but property is ...
Hello everyone,Bigger Pockets provided a lease agreement for Arizona which has an option to require the tenant to a include liability requirement in their renters insurance.I'd like some advice to help me understand i...
Hello,I was offered 100% finance 96.5% first loan and 3.5% second loan mortgage for a multifamily the 2nd mortgage for that 3.5% MUST be paid back, but just like the first mortgage, it doesn’t have a PPP and itcould ...
Hello everyone!I currently own a house in Los Angeles that is appraised value $750k. I have a 30 year fixed conventional mortgage at 3.62%. I owe $500k, have no other loans, mortgages, debt, 750+ FICO score and I am t...
I would like to buy a multiplex property using a double close for the purpose of holding as a rental property. I don't quit understand how that works. Can someone explain how that might work.
Hi,
I am in for a single family investment property and have a unique situation. I would appreciate some guidance/help for enabling my decision. I have 2 properties that I am evaluating and the situation is as follow...
Hello,
I'm considering adding a new strategy to my toolkit for wholesaling and i'm deciding between 2 options right now. The first is SMS'ing FSBO's (50 offers per day) or contacting agents for pocket listings. Do an...
I have a project where the seller is carrying the note on the home with a 20% down payment. Now, I need private or hard money to do the rehab but no one wants to be in 2nd position after the seller. My friend has advi...
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...