Currently have two SFH rentals and looking to jump to multifamily. Second rental was purchased this year on a 30 yr fixed. Called the same lender and had a lengthy conversation about scaling up and etc. and requeste...
I currently have a few single houses for rent which are directly under my name, and also the mortgages are under my name.
I am considering to move the houses to an LLC 100% owned by me. But I don't think the borrower...
Hey BP,
I'm currently in a situation where I'm too much of a liability for any type of loan or mortgage. My student loans are in collections and I'm currently in a rehabilitation program to get my loans out of defaul...
Hello my fellow Big Pocketers, I need some help! I am currently in the middle of a rehab, things won't left with my General Contractor and I need to take action. I have spoken with him several times already but it's ...
My mother owns an investment property she would like to renovate here in NY but not sure if she can get the funds to do so. For context she is a recent divorcee who had to do a cash out refinance on her own home to sa...
Hi - I’m interested in purchasing land and then build and use for rental. What are the pros and con? How do I approach it in a financially smart way? I’m currently in a new home myself but I’m delinquent with my mortg...
Adapted from twitter thread📗📗📗Real Estate Investor Financing 101 Series: Cash-Out RefinanceCash-Out refinances are a valuable and oft-used tool by real estate investors to build wealth - but important to understand fr...
Is the financial condition of the Homeowner Association (HOA) of a condominium taking into account for a conventional mortgage as an investor?Hello BP.. I’m looking for advice on the following issue. Right now I have ...
It is recommended to use Private Money Lenders? When is best and when is not?