I am looking into getting a hard money loan..I want to use my Paid off home for collateral. I'm looking for only less then 20% of the value of my home..Credit is terrible that is why I'm thinking of going this route I...
Hi everyone.
I need help urgently.
I've been working with a credit union for at least 3 months now.
After a long time looking for the right property, 3 weeks ago or so I found the house and is now under contract.
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I apologize if this is such a basic question (starting to learn) but - I have some bookmarks I plan on reviewing (which landed me here) that talks about how to calculate whether a property is good as a real estate inv...
Hello BP Community,Recently, I've been getting mortgage quotes from different banks/lenders, and I've noticed a repeating question. They all ask me if I intend to use the property as a primary residence. Or in other w...
I just recently refinanced my primary residence that I have lived in for 2 years but I want to convert it to now convert it to a rental. I am concerned that if I convert it to a rental I won't be able to get another p...
Hello,I am recently get involved with a fix and flip (my first one). The property is in my name as we plan to live there while we renovate. I was wondering if there would be any advantage creating a LLC or business to...
Hello Everyone,I am currently working in Florida but planning to move to a different state in the next 6months. I am hoping to buy my first property in the new state. Since my employment is still in Florida, can I get...
Hi everyone, I am interested in purchasing a multi-family property. This multi-family will also be my primary residence. I have a friend who is also interested in investing with me. I will be the primary resident, whi...
Hello Forum,Thanks ahead of time for reading this. I keep a pretty meticulous budget and am starting to plan entering real estate towards the middle to end of this year. My question relates to financing.I am planning...
Looking for ideas on refinancing the homes I currently own, and take out cash for either BRRRR or purchasing multifamily units. Here are the numbers:Home#1 (Primary)FHA Loan, 140K leftEstimated value, 330KHome#2 (R...