Hi all,I'm looking for feedback on my investment strategy, and maybe some insight as to where I haven't given enough thought. My wife and I own our home (no debt) and have available equity in a HELOC. My plan is to us...
I would like to know if it is possible for taking out a loan just for the closing cost, rehab and the down payment? I am only asking because there are two software I am using to like an evaluation of the property so I...
I found a great deal on a 1930’s era house, remodeled, and it sits on a 1.00 acre lot that I could build two additional rentals on. HOWEVER, there is asbestos in the home, as most homes of this time have asbestos some...
Hello BP'ers! I need a little help/advice. I've done a decent amount of private lending, but I've always been in first position. I have an opportunity to lend to someone I trust, but I'd be in second position. The...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $315,000
Cash invested: $120,000
Purchased this home (short sale) as our primary residence. Did a 1,000 sq foot ad...
Hi BiggerPockets community,I'm in the process of evaluating a condo in Columbus, OH and have attached a screenshot of the inspection report summary, which highlights several areas that need attention.
I'm seeking:
E...
Please take a look at current mortgage scenarios provided by mortgage banker.Plan: To start my REI career using BRRRR Strategy.Questions:1. Do you think IHDA will work good for my situation ?2. Will it be a good decis...
I am getting ready to rent a room from my house and I have this prospective tenant/roommate that is questioning the renters insurance clause I put on the lease agreement about having me, the Owner/Landlord, as an Addi...
Hi, i'm new to hard money lending and am considering a deal where I'd loan 150k (gated for land purchase, arch plans, grading, foundation). Once the bank loan goes through I would be second position which I know is ...
First time real estate investor. I'm about 50k short to put 20% down on a quad-plex. I'm trying to determine whether to apply for a 50k hard money loan to help secure enough down payment for what seems to be a really ...