Hello BP fam.I have a 4 unit multifamily in Myrtle Beach that I own outright. There are no existing liens on the property. However I purchased this property using a LOC on a long term stock account that I have. I am t...
Hello everyone!My name is Oleg and I'm finally making actionable steps towards getting my first rental properties. I have found a partner that already works in a market that interested me, Pittsburgh, PA. So now I wou...
First post here!...So to start things off I'm a 27M currently residing in NJ on the jersey shore. I purchased my first house (3 bed 2 bath) in August 2019 as a foreclosure for 192k with a conventional loan of 3.5%, 12...
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 BP... I hope everyone is doing well and having tremendous success in their REI ventures. It is always great to be able to use an incredible resource like BP, and have the opportunity to benefit from everything...
This could seem like a silly question, but I am going to ask it anyway to gain a better understanding of how a HELOC works. So….If a HELOC is a line of “credit”, what’s stopping me from using my personal credit lines ...
Dear BP community,I need your help/input in my deal analysis. I have two options in front of me either to obtain a rehab loan, which will cost me $10k for six months ( points, fees, interest) or just finance the entir...
Hopefully this is the right place to post and I appreciate any advice in advance. I am in Alabama, I have $200,000 in cash and zero debt. I have a background in homebuilding, real estate and renovations. I am trying t...
Hey BiggerPockets community,
I’m looking for some advice on an exit strategy for a BRRRR deal I’m working on. I’ve done this method once before, but this time I’m a bit torn on the best approach. I am looking to bu...
My first post.....First I would like to thank all the ppl that make this site such a great place to find information.
I try to read before I post, so I apologize if this has been covered. My question is.........