Carolyn Mendel
How to finance a flip?
BiggerPockets friends - any advice on how to finance your first flip? Would rather not put friends' or family money on the line without any track record. I have excellent credit but not more than 5% as a down payment....
Misael Herrera Granados
Options for purchasing
I'm currently applying for pre-approval to purchase my first ever property. Since I'm 24, and don't have much behind me I'm planning on using an FHA loan and taking on the PMI expense. I have a good credit history and...
Andy Collins
Should you put your real estate into an LLC
I started this because it seems like every couple of days someone new starts this topic, I hope we can all give our opinion on this, and refer newby's to this discussion.
I think there are a few reasons you ...
Jonathan Berenson
New member from New Hampshire
I have been lurking for a while and now formally joined the site as I am looking to shift some retirement funds around out of the market I have learned alot reading through the posts and listening to audiobooks With...
Josh Gatlin
New Guy - Austin, TX
Hello,
My name is Josh Gatlin, I am a Junior studying Finance and Economics with a Real Estate focus at the University of Texas at Austin. I joined the site because of the awesome educational value it provides espec...
Shahil Keshav
Debt Service Early Payoff
What are your recommendations on paying off small multi family unit (4 units) early? All 4 are currently rented.
Rent - $6,700
Payment - $4894
Note is $680,000 at 7% over 25 years
Would you suggest trying to shav...
Josh Braun
Cash out refinance or HELOC?
Hello BP members. I've got a property valued at $90,000. I borrowed $70,000 cash to buy and rehab the property. Short term loan from friend. Now I need to pay the 70k back. My goal is to continue doing this a few tim...
Sarah Hylander
First STR ... Liability Question
Hi there! We are ready to buy our first STR, a bit nervous but mostly excited! I am sure this has been covered, but I still need to ask … how to we protect ourselves? Financing as a 2nd home, so do we create an LLC be...
Cory Annett
Mortgages for Canadians
Just looking for some general info on the borrowing process in the states and with the recent issues whats the story on high ratio loans for multi-unit residential?
Thanks, Eagle
Account Closed
Another Loan
I need to know how to get another loan on another property for REO. What is the name of the loan? I know now it isnt a second loan.
Which type of lender do I look for? I got the last person, and doesnt seem to be ve...