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Hey BP,
Next week I am closing on a cash-out refi. I am using the equity from the re-fi to purchase a twin home, but I am $16K short from buying the property out-right. The price for the twin home (FSBO) is $258k a...
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Can my IRA or 401k buy and sell cars and toys?
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Anybody know of a bank that will do a 1st postion HELOC on a rental property that is a manufactured home in Florida?
I acquired the property subject-to, and the existing mortgage is with Ameris Bank, and they would d...
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Bigger Pockets Family!
We have a unique opportunity to buy a an out of state home in Ft. Worth, TX but because it is out of state and involves some creative financing, I'm hesitant. The home belongs to a close frie...
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Hello everyone,
I have a question and hopefully I can get some advice on this.
I’m planning on buying a multifamily, 4 units. I’m using a co-signer because I’m not currently working, so obviously I can’t get a loan u...
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Doing some due diligence and curious about the risk and/or stability associated with a title loan tenant. I've seen some that have been in the same place for 20 years, but I assume that's not common. Anyone with exper...
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I am looking to buy a house and need a down payment. The seller would carry a loan for the remaining amount. What would be the best way to accomplish this? I am meeting the seller tomorrow to present an offer and woul...
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Has anyone ever gotten a LOC on a new vehicle? My wife and I bought a new mini van all cash and I am wanting to put a LoC on it. I know the LOC is higher interest rate than if I were to just finance it but I really do...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $80,000
Cash invested: $10,000
First Investment, house hacking, fixer upper, using as core investment to bui...
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What is a reasonable amount for closing costs on an $80000 investment property including prepaid taxes, insurance, etc,? No commissions, but I pay full title expenses.