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Hello Bigger Pockets!So, recently I was prequalified for (x) amount of dollars through a mortgage broker - it is solely based off of my debt-to-income, but I am using "gifted funds" from my fiancee for part of my down...
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Dog Rental Question: I've got a tenant moving into a property (the 2nd unit in my house) with a Husky. It's an older dog and they claim its well behaved (they reassure me its a perfect dog). This is a fully renovated ...
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I recently came across a new strategy that I don't quite understand and it sounds too good to be true. The principal is simple. Use your heloc to pay your mortgage and funnel all your funds in and out of it like a che...
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Hi everyone, I was recently approved for a cash-out refinance on my 15 unit apartment complex. The appraisal for the property turned out surprisingly well and the property was valued much higher than what we anticipat...
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Hey everyone!I’m in the process of completing my first cash out refinance and I would just like some advice. I have two options at my disposal. I owe 120k and my property was appraised for 270k. My first option is a 7...
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This is the second turn in a row my cleaning lady has asked for an extra $25. She sends blurry cell phone pictures of the "extra mess" or "oh my god they had a party" and I say "ok" just to avoid confrontation and to ...
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Two years ago, I borrowed money from an investor which I used towards a down payment on a 20-unit apartment complex. Terms on the loan were:Amount: $100,000Rate: 8.0%Amortization: 25 yearsScheduled monthly payments ar...
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One of the most intimidating aspects of getting a loan is trying to sift between jargon and fact. For something as important as a mortgage there is plenty of misinformation out there. If you talk to five different peo...
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One of the most intimidating aspects of getting a loan is trying to sift between jargon and fact. For something as important as a mortgage there is plenty of misinformation out there. If you talk to five different peo...
so I just bought my first rental in April which I rent out 3 rooms for 440 a month a piece so just over 1300 extra cash and also live here as well. My mortgage is 675 and my utilities are right around 200. I have a fu...