Hi BP,I've applied for the new 5% down multifamily primary residence loan option for a 3-unit property, but keep getting denied at the Automated Underwriting System (AUS) stage. I have good credit (690), 24 months of ...
Long story short, neighbor suddenly passed away due to old age, prime inner loop property, we've lived next door 20 years. Would like to buy it to double our lot size to 10,000 sq ft. $600k should get it done, house w...
Hello everyone! I'm hoping someone here can help me, if at the very least point me in the right direction on where to go. Rumor has it a campground is going up for sale near me, and its peaked my interest as to possib...
So I purchased my first investment property and I want to purchase another one with in one year. I am looking for various/creative ways to come up with money for the next down payment. Anyone have any ideas?
What is the ultimate goal with BRRRR? Wanted to see what is everyone’s ultimate cashflow goal with this strategy. Is it, at the end of this chain of transactions to own a few property free and clear and have less ten...
Hello Everyone!I have inherited a house that is paid off and has really set my family up for success. It is 5 bedrooms, 2 car garage, underground pool, 2 story brick house. I have since updated it and planned on selli...
My home is currently worth around $370,000. I owe $255,000 on it, $100,000 being a HELOC that was taken out last year. Additionally, I have 50k in vehicle and credit card debt. If I sell my house, I would be left with...
Hello everyone,
I'm new to BiggerPockets and a newbie real estate investor. Just trying to get my feet wet and this site has proven to be a great repository for tons for useful info.
So I guess I'm i...
I’m wondering if anybody else has had experience with the lender using the current leases and the rental income on a property that the buyer is purchasing Towards their income?
Hi! My name is Shreyasi Das and I am currently living and working in Vancouver, BC, Canada. I am a homeowner here but can’t afford to invest in more real estate in this expensive city! I am looking into the possibilit...