I just have few general questions about purchasing foreclosure properties. What are some pros and cons? Is it possible to purchase with little to no money down? I know many properties especially sold at auction are ca...
Hello,I'm looking into purchasing a foreclosure at auction(Alabama) that was foreclosed by the mortgage lender, however, this property also has a Medicaid Lien on it. Does anyone know if I would be liable for this lie...
Good afternoon BP, My question today is on whether or not I should do a cash-out refinance or do a home equity line of credit on my duplex?Here are the details on my house.- Bought with an FHA loan in July of '1...
Hi, I have been researching investing in tax deeds. I am located in PA.I understand that in PA there is first an upset sale where mortgages, liens, etc will not be wiped out. Then, the properties that don’t sell go to...
Hello fellow bigger pockets members,
I am looking to turn my three unit property (NJ) into a LLC. I have a copy of my mortgage to check to see if this is possible without having to pay the entire debt off however it ...
Hey BP community, I’ve been racking my brain about the best ways to finance deals number 2 and 3 of my portfolio and I want to see what you all think.I’m already working on closing my first deal with a low down FHA lo...
Hey Yinz, (Pittsburgh Slang)My business partner and I have a property that we are rehabbing and getting ready to rent that we own free and clear. We are considering looking to pull some money out of it for another dea...
Hypothetical question - I own a house free and clear and would like to take out a home equity or mortgage to fund an investment property purchase . However, due to an ongoing tenancy issue an interior inspection for t...
Hello, I am currently looking at doing a cash out refi on a rental property that I inherited. I recently renovated the property and put about 15k into remodeling bathrooms, floors, paint, etc. This property has no ...
I am applying for a DSCR loan and am now a renter myself. I’m being asked to provide 12 months of cancelled checks in addition to a lease to prove that I’m renting. Providing a copy of the lease makes sense but havin...