I'm getting ready to purchase a four plex and was set to acquire a 30 yr. fixed rate loan. A mortgage broker is trying to convince me to acquire an interest only loan stating that I can leverage my money best that wa...
Have a condo deal closing in a couple weeks.165k purchase price25% down$350 HOA$27 insurance Rent after repairs $1750Cash flow: $490COC: 13Now my question is, would you consider using an equity line of 110k, combined ...
New to BP, and looking to acquire my first investment property in the Hampton roads (Va) area. I am meeting with agents in the area to help me try to find a good first property to either flip, or hold and rent out. No...
We are talking about relocating to a new state, and have been weighing our options where our rental properties are concerned.One option we've tossed around is to sell one of our rentals up here in advance, use the pro...
Hey, new to the group and first time poster, long time Bigger Pockets follower. My wife and I have been investing in real-estate for 8 years and are getting to a point where we are going to start capping out the numbe...
Hello Biggerpockets! I'm new to BP and to REI. I found BP through Rod Khleif's podcast as it was mentioned several times. I am a registered nurse and started researching my retirement plan. I was trying to figure out ...
I am a wholesaler in California. Is Transactional funding the only legal way i can get paid off a deal from the mls by doing a double closing or are there less arduous and legal ways of getting paid through mls deals?...
Hi All,My name is Kyle, and I will be relocating near a C-level area, where I will be starting to review multi-family apartments (4 units or less). I would like to understand what are some of the best ways to finance ...
Hello All, I would like to BRRRR a few SFH's. After further research, I have been told by more than one lender that you have to wait one year to refinance the property to get the initial cash out. This explanation for...
Does anyone have any feedback/experience getting 100%, 90% LTV on a home equity loan? Refinance, Etc...For Example: If are in a high demand market where you cannot acquire a property under market value. But still wa...