Andrew Karpman
Creative vs. Traditional Real Estate Investing
My wife and I are just starting out in our education in real estate investing, and are trying to understand and ultimately decide whether we should be Traditional or Creative investors. Can anyone offer the pros and c...
Robert Burns
High End Lease Options
I just got off the phone with an investor who bought and fully rehabbed a really nice property after the flood in 2016. He rented it out for a year and now wants to sell it. He is wiling to do a lease option and wa...
Dan Johnson
BRRRR refinance commercial vs residential
Closing Date: 10/5/2018Rehab period: 10/15/2018- Jan 31, 20194 unit rental property which will be held as long term rental propertyPurchase price: $79,000 using a commercial 5 yr loan amortized over 25 years w/ 15% do...
James Cox
Best Practices for Hiring a contractor
Ive done done two flops. 1st one, I hired the wrong contractor, myself. 2nd I hired the wrong contractor, wasn’t at the property enough, our contracts were terrible, bad communication, we gave way too much money upf...
Charles Wheeler
Help! Pulling Out Equity
I have a buddy who bought a duplex in Chicago about 1 year ago using FHA loan, he has owes $58,000 but it’s worth $160,000. He recently lost his job and the bank won’t allow him to refinance and pull out any equity...
Christopher B.
Cash-Out Refi, HELOC, or Wait?
I am currently looking to access the equity ($50k) in my duplex. I have talked with a few banks and my options are:
1. Refinance at 4%, 20yrs fixed with a HELOC up to 80% LTV with a 4.5% rate
2. Cash-out refinance 4...
Nathan Faselt
How do you get less that 20% down on a property?
It seems like a lot of banks like to stick to their 80/20 rule how can you negotiate a better down or creative ways to get a property for cheaper?
David Diaz
Getting a loan for a condo in las vegas
Hello biggerpockets community. I am currently looking to buy one perhaps two condos in Las Vegas, but I am being turned down by banks for getting a conventional loan with 20%. I wanted to know if this sounds about rig...
Jon Williams
Wife and I want to dive into rental properties in Tucson, AZ.
My wife and I are looking to steamroll into the real estate property with rentals and house flipping. We are complete newbies in the real estate business. This is something we are very serious about. All of the advice...
Joff Pedretti
First Single Family House Rental
Investment Info:
Single-family residence buy & hold investment in Madison.
Purchase price: $210,000
Sale price: $290,000
The deal that got me started.
What made you interested in investi...