Hey Biggerpockets! We bought a house too high before the housing market cooled off and we're wanting to simply do a quick flip with a thinner margin than usual. We usually do more involved flips so this isn't normal f...
Hi Guys and Gals. Hoping you can point me in the right direction-many questions. I am wanting to buy 2 single family homes using a conventional loan or 2. The two homes will be in different states. My plan is to hold ...
I see a lot of people posting about getting 30 year mortgages on rental properties. All of the banks I talk to consider these 'commercial' loans since it isn't YOUR home. They'll only do 20 year loans. Am I missing so...
I purchased a townhome earlier this month, and I'm fixing it up. I had to use a high interest private money lender, so I'm hoping to refinance sooner, rather than later. I'm doing repairs, but expect to be done by the...
I have read several articles/blogs about the strict STR laws in areas of Pinellas Co. such as Clearwater and St. Pete. However, I have rented weekly in these areas before and clearly people are still doing it. Can som...
Hey everyone, the BRRRR strategy can be great to build wealth quicker than a traditional strategy, but it may be difficult for people to save the 20% down payment, obtain rehab or hard money loans without a proven tra...
Hey everybody, I'm planning on doing a creative acquisition strategy and I'm looking for some answers to these questions before I talk to lenders so I can adjust anything. Questions:
1. Can you do a conventional Cas...
New investor asked about max house refi to invest in Storage and holding excess cash.
Depends on the numbers and your objectives (do you plan to make another investment or move homes)? Change the numbers as you see f...
My first REI was a lot bought at auction last year that has over doubled in value. Its time to move on. Im looking to purchase my first income generating property now. Running numbers on SFH and 2-4 plex in the Housto...
Hello everyone,Some of you may have seen my posts about a month ago looking to get into a Duplex in a Condo Association that had questionable financials. Decided to not go that route, and instead partner with a few fr...