I'm guessing the 70% rule is to determine if you'd be able to pull all/most of your money back out on the refi (70% LTV max)?If so, now I'm seeing lenders willing to do DSCR loans of 75% LTV, so then would I switch to...
Hey Guys, I've been lurking for a bit but thought I would make my first post with a question I have (any others probably do as well) and maybe consolidate some of the questions/differences us Canadians deal with compa...
Hi Everyone, Couple of months ago I got involved in a short sale. The broker gave us a BPO of $140k. Suggested I bid 120. I bid 110. Couple months later the bank came back with their appraisal of 170. Broker said thei...
Happy Holidays to all my friends and neighbors! I am once again thrilled to discuss the San Antonio real estate market with you. While the situation may not have seen significant improvement, there's a limit to how lo...
Hi Everyone,Last night I went to a real estate invest presentation.I responded to an ad on Craig’s list and was invited to a presentation. The presenter was really entertaining, he went over the company (Renatus), off...
So I still haven’t purchased a property yet. I am pursuing a 3/1 for 50k right now. The homeowner doesn’t want me to finance with a conventional loan through a bank. He is insisting that I just finance through him at ...
Hello Bigger Pockets family, I am looking to invest in my first rental property and have come across a 2/1 bungalow in a transitional neighborhood, list price is $74,900. This unit is currently being rented, with ten...
I am Single, I work from home on the computer, and I want to start investing. I want to pick up and move to a great market for a year to learn it well.So how do I find and identify good markets?I discovered that Indi...
I am currently running the numbers to try truly grasp, why hard money over conventional loan.Besides credit and things like that, why Hard Money?Most HM will lend up to 75% of Purchase price, or is it 75% of ARV? Bec...