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Hi Bigger Pocket Community - Looking for some insights and advice on loan options for single family homes under $120K. I'm looking to purchase a single family home as an investment property (buy and hold strategy). I ...
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Hello, BP crowd! I am looking for financing for purchasing my first rental property and am looking for a fixed APR (no arms, balloons, or anything else that will go *pop*). I was told by a lender that they required 25...
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Can I ask Why a cash out refi is better than a Heloc when u can pull out up to a 100% on some Helocs and a cash out only gets u 75%. Please lmk what the benefit of the cash out is over the Heloc since u can still pay ...
What are some options for closing out investors from a syndication deal, if you don't want to sell the property?I've seen scenarios where there is a re-fi resulting in the invetors being being made current on preferre...
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Please clarify my doubt. When we are borrowing money from the bank to buy multiple family appartments. Why are we not paying the principal portion of the loan. Or even if we are taking interest only loan, at some poin...
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I have a 6.5 acres land in contract with a SFR in it. Its commercial resort zoned property with up to 25 units allowed in it for a hotel/resort. I am buying it with a conventional residential loan, and start a AirBnB ...
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Good day all! I have question regarding seller financing. Do real estate agents representing sellers for on-market deals entertain seller financing options from buyers? Is it appropriate to ask the question to the age...
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Hello
I'm in Fairview Illinois which is in the St. Louis metro area, and I have been trying to invest in real estate for a while now. I just recently heard about the Debt Coverage Ratio Program and I was wondering i...
Hi, we are excited to soon be closing on our first deal. We will be rehabbing a home that will probably take 2-3 months for the rehab. Is there an specific home owner's insurance policy for rehabs? the property is loc...
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There are multiple homes in a D1 college town that are 4/2, $127,000 purchase. I've looked at comparable rents in the area for college students and they sit between $365-425 per room rented. To put 20% down I would ne...