Hello, I am very new to the real estate game. I have been listening to podcasts for about 6 months almost daily. What can i do to get my foot in the door of real estate? Anything helps and i appreciate all the help i ...
We are looking at buying an undervalued income property with cash. My question is, can we refinance and pull out the money we initially invested? If so what percent of equity should be left in the house and how long c...
Hey everyone, I dove headfirst into the game! Closing on two properties this month. One Friday the 16th and the other toward the end of the month. Here’s my Hangup. One of the houses was purchased as owner occupy (5% ...
Hello Everyone! My name is Nathan Cumberbatch. I am a 21 year old, recent graduate of Baylor University, based in Houston, TX. For the past six months, all I have been doing is learning about real estate, debt & f...
I am in negotiations with a owner to buy a 4 plex with owner financing. She is holding the note for 25 years. I want to be able to place a second mortgage on the home in the future and she is saying no to that. Shoul...
Hi everybody, newbie here. Question and request for advice. I have a 4-plex I am looking to buy with FHA, with a partner providing the down payment. What might be some advice you would give to how to structure this ...
Hey BiggerPockets family,
I'm working on a deal in Silver Spring MD, and I can use you help figuring it out. I have a 1.5Mil deal for a property I plan to Airbnb (short term rental). I'm trying to finance the deal wi...
I have a 7 house portfolio I purchased at a 12.5 cap. Severely under rented. Used commercial lending, but late in the game they bumped me from a 20yr to a 15yr term. Performed commercial mortgage appraisals on all 7...
Hello BP community. Long time lurker but now am ready to get in the game. I have a couple of questions about dscr loans. What ive gathered- ratio of 1.2 or higher, 25% down, need around 6 months piti left over in bank...
My parents own a home in NC and I have been talking to them about buying the house from them for 2 reasons. 1. When they do eventually pass or if they ever need to move to an assisted living facility it's one less thi...