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Hi all! Been lurking for a while as I catch up on the podcasts, etc.About to close (next week or two) on my first 'turnkey' SFR through HomeUnion (great experience so far, ask me if you need details, I've read all the...
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Good morning! I'm looking for some suggestions regarding how to refinance out of my current 5/1 FHA loan that we took out when we bought a two-family investment property. We did the FHA so we could keep the cash for...
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Hello, I'm currently putting a plan together that involves me selling my 3 duplexes + 1 condo and using 100% proceeds towards a down payment for a larger 8-16 Unit building. It's definitely more complex than describe...
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For those who are capped and constrained by all of the Conventional Fannie Mae/Freddie Mac rules on investment real estate lending, you should give the Non-QM (Non-Qualified Mortgage) world a try. I've detailed below ...
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Before I even start investing, I have some areas of my financial situation that I'd like to get some perspective on. Thanks in advance for the feedback!
1. Existing 401k/Employee Stock Purchase Contributions - For a...
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I have a SFR that I put down $50k on about 10 years ago. It’s been cashflowing $500-$600/m. I have the opportunity to cash out refi now and receive a max of $180k cash out after fees . That would put me negative $150/...
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Hello everyone, I am new to investing and new to BP but am excited to be here!Background info: I currently own a house and did a house hack and planning to hack another part of my house to generate some more cash flow...
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Hello BiggerPockets! I’ve been studying everything I can find about Real Estate, and I’m finally getting close to saving enough money for a down payment on my first property, so I’m getting more serious about it!
As ...
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Hello everyone and I hope you are having a wonderful day. I am solidifying a larger residential development within an Opportunity Zone in eastern Tennessee. Although I understand the premise of this program, I need...
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Hi, I have one prospect that has sent me a rental application/documents and I had sent them an invite from a tenant screening company. They have not responded (invite sent Thurday, August 15 and no monies were col...