Hello Everyone, I am a newbie and about to make an offer this week on my first rental property (duplex)! I have a couple of options for financing that I would love to get some advice on. To keep it simple I basically ...
Hi BP Community!
I'm actively saving money to get my first deal, and am considering many different strategies... Brrrr, Turnkey investing, Hard money etc. I'm an avid BP podcast listener and I've learned that the le...
Hello fellow BPers!
I've been reading related posts on the forums, but I need someone to explain a few things to me slowly and carefully, LOL.
Here is what I would like to do:
-Take out a HELOC on one of my invest...
Hey guys,An opportunity to purchase a four-plex just came up and I'm pretty sure I can't make the 20% down payment. I currently have 2 conventional mortgages on a SFR and a Triplex in Texas.The property is in New Jers...
Hi folks. Sorta new to investing and sorta new to BP. Does anyone have advice on financing? I am 2 conventional bank loans in and I don't mind doing it this way. The problem is the 25% down payment. Even on a $30k hou...
This might sound like a novice question coming from a novice investor. I have a group of 5 people looking to pool money together to purchase our first rental property. For simplicity, let's say each person puts in $5k...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $119,000
Cash invested: $200,000
This is maybe a new Category: BRRRRSR Buy Renovate, Rent, Refinance, Repeat...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $119,000
Cash invested: $200,000
This is maybe a new Category: BRRRRSR Buy Renovate, Rent, Refinance, Repeat...
I have 9 properties. 6 with note from private investors, 1 with wellsfargo, and 2 I own outright. Can I take money out or someone leverage the two properties I own? Like a Heloc for investment property?
Hello BP,
I am inching towards rehabbing my SFH that I purchased cash in 2014. After trying 2 conventional rehab loans that were denied due to high debt/income ratio, I am now trying to get private lenders from peopl...