Hello Everyone!
Just took out $100k of equity on my primary house to invest in real estate! Just got under contract and now I have a few options. My mortgage broker is asking if I want to put down 20% or 25%. I'm li...
Hi All,
First-time poster here. I’m currently in the pre-approval process to purchase a 2-4 unit multi-family property. I’ve approached a local bank in Upstate New York offering a 30-year loan with a 10% down payment...
Hi all,I'm trying to wrap my head around what to do with my current primary mortgage. My wife and I have decided to pay down some debt while real estate prices around us continue to skyrocket and good deals remain so...
I am looking at purchasing a multi-unit property. Does anyone know of a lender that would do this as owner occupied? I find things that say I should be able to go FHA minimum down as long as the is 4 or less units. ...
Hello all.I’m looking for some creative ways to finance a property. I’m planning on using a vacation home loan to get the down payment down to 10% down. I planned on financing the down payment with a personal loan unt...
Hello all,I tried my best to understand the BRRR strategy but not sure if this is right in my situation.
I have a first rental property purchased at 110K with a cash flow of 600. I rehabbed it with additional 15K in ...
I have a rental property that used to be our primary residence. We used a HELOC on that property for a down payment and some renovations ($285k) on our now current primary residence.Our rental property has a 2.99% rat...
Hi everyone, I'm new to Bigger Pockets, and I have a few questions that I'd be quite interested in getting some opinions on.
For a little bit of context before I get started, I'm a college student in Louisville, KY w...
Hello CPAs! I am struggling to get a definitive answer to the question - are payments from a Performing Note passive investment income or are they ordinary income? I have seen it described as both - and lets face it, ...
Hello everyone!
I am trying to come up with the best way to split profits for a 3 person partnership.
We are looking to purchase a property for short term rentals. We are all planning to split the down payment even...