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I've decided to get a HELOC for my first flip. House I'm looking at is 70k ARV, 33k list, 3-5k repairs. You could really get away with doing nothing, but I'd like to do some light staging and minor repairs. HELOC is i...
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Hi everyone!I just found BiggerPockets last week and has been learning TONS of useful knowledge about investing in real estates. This is my first post on BP so pardon me if I asked/said something wrong. My wife and I ...
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I bought a multi family in Elizabeth NJ straight cash for $190k thinking I would quickly wholesale or flip it but kept it. It needed some work and I’m at $240 done with it. Now I’m in bubble because I want to keep it,...
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Hi guys! I'm a super newbie in real estate investing, haven't invested in one property actually. I've been studying real estate on my own for about a year now and I know how difficult it can be to get approved by a mo...
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I'm considering delving into small multifamily or mobile home parks (for rental/cashflow) in the $500k - $1.2M price range.
My questions:
1. Since commercial financing consists entirely of balloon loans from what I...
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Can you do a 1031 exchange on a SFH or is this just for multi-family (triplex, duplex?)
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I inherited a house and have a question concerning obtaining a HELOC.The house is in great condition. It was my grandmother's home and I plan to keep it as a rental. When doing a search on her debt, I found she had t...
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Hello, are portfolio lenders a good option for a first time non owner occupied investment property purchase? Or should I stick with traditional financing?
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I did a search and the information I found was a couple of years old, what are you all currently using for flooring in your rentals? I am closing on a rental on monday and it has some cheap click together laminate fl...
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Hi All! New to the forums here and looking for some advice as I get started in REI. Ive been networking to put a team in place and wanted to get some opinions on my lending situation. I'm currently looking to refi my ...