I am in a unique situation. Lenders are scare to give 100% because I have only done flip and hold at smaller amounts. I want bigger time with big results. Purchase $430K - Rehab $200K. Lake front home to sell at $1,00...
I found a deal that I am a bit reluctant to take, but have reasons particular to me that make it attractive.
With a modest estimate it should yield an ROI of just over 20%, but in order to get it I would have to use...
Quick version: Can I cash out refi to a commercial loan and then refi back to a conventional mortgage? Realizing the obvious spending of closing costs, are there other down sides or obstacles preventing me from doing ...
I thought it would be fun to start a thread where we can share our craziest fix-and-flip stories, biggest "oops" moments, and the golden nuggets of wisdom we've picked up along the way. Whether you're a seasoned pro o...
Bought an old multifamily last month that passed the inspection with flying colors. I mean, as with all houses, there were a few things here and there that needed to be fixed, but nothing major. It was my first purc...
I am thinking over 2 choices. Would like input, insight or opinions. I have a bay area SFH value ~$410K, bought 1 year ago for $385K with 20% down and put about $30K repairs into it. Has good terms, 30year loan with...
I am looking to buy my second rental property. There is a 4 plex that is a complete renovation. It is listed for $77,000 and has already been gutted. There are 3 apartments that are 1 bedrooms and 1 apartment has 2...
I am converting my primary residence to an investment property and understand the benefits of putting it in an LLC from an asset protection standpoint. I do already have a large umbrella policy. I'm interested in unde...
Hi All,New to the game here. Really appreiate this community and everyone's never ending help.I have been living in my current home for 3 years. I am renting out starting June 24. Is it safe to assume that the loan in...
Hello BiggerPockets!
I am getting started in real estate and looking to start picking up SFH rentals in Champaign & Urbana IL. I have started talking with an agent and I'm meeting with a lender this week. We are ...