So I have the opportunity to buy a family members house from them and gain some massive equity for free. We’re talking buying a $600k house for $250k. The reason being they have to much debt and would like to retire a...
Primary residence =$400k loan, appraisal $675k before upgrades, lived in for 3 years.
HELOC utilizing $125k for upgrades.
Mortgage $2200, rental comps $3200-3600.
Best way to proceed with getting into another hom...
You’ve done the due diligence needed to start a vacation rental property business, selected the best location you could find, invested your hard-earned money, and listed your short-term rental on Airbnb.Now, you reali...
Been working on getting the townhouse ready for short term vacation rental. However I just looked at the Zillow price (which I know is not accurate) that is +207% from my purchase price. I'm debating on still making t...
New to the forum and new to investing, but trying to keep educating myself. My question is probably a common one, about cash out refinancing. My specifics...I bought my primary residence for $310,000 in 2015, with a...
I have people interested in me building them a home and then seller financing the home to them.I'm open to that but I've just never done any private lending, so I'm unsure about terms and rates.Are loans like these ty...
Hi BP crew. I just need some quick advice. I'm looking to purchase a building for $200,000 and in the past I've been told using a mortgage broker was better than using a bank to get financed. What is the difference ...
Hi All,By way of introduction my name is Tom Sulz and I am new to the BiggerPockets forums. I am 24 years old and have been interested in learning about real estate investing for the past couple of years. I just recen...
I am about to purchase a rental property and I'm not sure whether I should go for the 15 yr note or the 30 yr note. The difference between the two mortgages is $245 per month. I plan on purchasing many more prope...
We've been eyeballing a place to put our junior in college but we don't have the income and down payment to buy a 2nd home outright or the 20% to do it as commercial. A property just popped up FINALLY close to campus...