I was checking to see if anyone has any experience with DSCR loans as a tool for multi-family properties(4plex on down). I would love to hear your experience and how it worked out.
I’ve been trying to get a HELOC but nowadays they are few and far between so as of now I’m settling for a cash out refinance.I currently pay $1487 a month for everything regarding my primary residence. My current int...
Intra- Family loans are just loans between family. The benefit would be lower interest rates for borrower and higher interest rates for the lender (compared to holding money in CD or bank)nerdwallet heres a brief a...
Rehabbers, I am learning how things work with rehab loans. I was offered a scenario by Peak Asset Lending for the Kansas City market. But the terms are a little strange to me. They loan 80% of After Repair Value (ARV)...
Hey I am new to the real estate game. I'm looking to buy my first house and I am really liking the idea of the BRRRR Strategy but I am having some trouble completely understanding the Refinance part. I don't have any ...
Hello Fellow REI Enthusiasts,
I have a simple question for you. If I refi my current FHA residential town house into a conventional loan, how soon can I get into a new FHA for residence? My goal is to keep my 3bd - 2...
I did the BRRRR strategy complete with the rehab and cash out refi. I currently have the old loan and all the improvements reconciled in quickbooks but what I don't have is the new loan and the large amount of cash o...
Hello BiggerPockets i ran into a serious question. I'm looking into buying a house within the next 8 months and i was wondering how i could either buy a foreclosed house or typical mortgage Foreclosed : Today i went t...
I have a broker that steal my broker fees and didn't perform on the loan. worst i borrow the money from another investor. what is my options legally? also tax wise can i claim a lost? I am still paying interest and...
This is my first post on Bigger Pockets! Hello everyone! I am very new to all of this and learning a lot by attending TREIA meetings, webinars, reading books etc.It's exactly what I thought would happen. I have analyz...