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Hello everyone,Happy Friday to you all!I was wondering if there are any major differences in lending companies that work with home equity lines of credit (heloc)?Also if anyone has one they could recommend it would be...
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I am in contract on a short sale. Long story short: 2 liens on property. Seller has qualified for short sale with senior lien holder and been approved. 2nd lien holder is more confusing. There are two names on propert...
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Hello all, have been listening to the podcast and reading the forums for a little while and am ready to start investing. I was not able to find anything very similar to our particular situation and was hoping on advi...
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So my girlfriend and I have been living together for some time now and we have been renting an apartment. As our lease is ending soon we have talked about maybe buying our own place. The problem is that I do not belie...
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Hello, I finally purchased my first duplex using a 3.5% down FHA loan. I’ll be living in one unit, having a roommate paying me rent in my personal unit, and also renting out the other unit. I’ll be profiting a few hun...
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Hey all! I’m new to BP and so excited to buy my first house as an investment. It’s actually a house in my neighborhood with a pool that I’d love to Air Bnb. We know the sellers and they’re unfortunately falling on har...
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Whats up guys! I have a situation that I need expert opinions on since I started out and dont have a mentor in the field! Im looking to buy another rental property in a prime student rental location for $250k. Down pa...
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Alright guys, finally ready to get into real estate but I have some specific questions about qualifying for financing. I've got different answers from different loan officers.
here is my situation so you have the con...
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I'm a new investor and have a goal to purchase 2 SFH in 2013 to hold as rentals.
My strategy is to use Hard Money for the purchase and rehab. Then refinance after a 6 month seasoning period.
My financial situation:
...
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26 years old, $150k salary, would be first-time home owner, $800k house
Wondering what you more savvy folks would do in this situation. A relative of mine is selling her $800k 5br single-family house in Merrifield ar...