Lewis G.
Mobile/Manufactured Homes (Good or bad investment?)
I'm thinking of buying a mobile home as an investment, it's for sale by owner. The seller is asking $50k for the home. The current mortgage is around $500/mth and the lot rent is another $500/mth or so. In total th...
Amber Toussaint
NEEDS FINANCING ADVICE
Need advice from my Bigger Pockets family.
Scenario: Own a MF property, bought for $350,000, - monthly income of $5,500 with mortgage and expenses @ $3,500. BRRR but no longer owner occupied -cheaper to rent elsewhe...
Eric Lawson
1st vs 2nd NPN
Hi all,I see a lot of people who focus on either 1st or 2nd NPNs, but rarely both. What are the big differences between 1st and 2nd NPNs (other than lien position)? Do 2nd NPN investors just not want to deal with the ...
Timothy Wright
Getting started - Have cash but cannot get a loan
I'm a homeowner that is interested in investing in a second house with the intention to rent it. I know that I can pay off a new loan because I am getting $28,000 as a gift every year (Thanks Pop!). The problem is t...
Elijah Batkoski
First Buy and Hold, Raleigh NC
Hey BP Community,I"m fresh out of college and looking to snag my first buy and hold property by no later than the end of 2015. This is a pretty lofty goal for me, but I think it could happen with good research and goo...
Owen Dashner
Mortgage and/or insurance field inspections for lead generation
I was driving by a property last week that I knew was vacant. I noticed a guy in the yard with a clipboard and a camera taking some pictures, so I threw it into reverse and struck up a conversation with...
Justin Hackney
VA Loan without 2 years with current employer
Hey BP, So here is the deal... I am fairly new to Raleigh, NC. After graduation in 2014 I took a 4 month hiatus from the real world to backpack Europe. I moved here in January of 2015 and started to work for a great c...
Daniel Alegre
How many FHA or 203K loans can i get?
So i was watching @Brandon Turners 's webinar the other day on financing incredible rental properties the other day, which was great btw. He talked about getting more than 1 FHA loan as long as you live in the previou...
Erik Heldt
Investment Property Before Primary Residence
Hello BP People! I know that this topic has been beat to death already and that the general consensus is to house hack before buying, however, my situation is a little unique and I would appreciate some input from the...
Ashton Sharp
When and how to refinance
Hey guys my name is Ashton, I purchased my first home over a year ago, but the FHA insurance is killing me. I'm wondering what it typically takes to refinance, and if it's a good idea to do so