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Hi everyone...I currently purchased a property on Auction.com for $43K and will like to apply the BRRRR strategy but have some questions. First, see numbers below.Purchase $43,000 Closing cost $4,500Rehab $2,500Rent $...
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Trying to look at what to invest in
Is there such a thing as getting a cash out on mobile homes on their own land which no mortgage?
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Good morning, all!I’m having a really difficult time finding a lender for a home equity loan to pull equity from one of my multifams. Any advice on how to get this done?I understand there is higher risk to the lender,...
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My father inherited my grandparents house after they passed away. The house is free and clear and worth about 70k. My cousin is renting it until my other cousin moves back and wants to buy it. This has already been ar...
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I'm thinking about doing a cash-out refinance on my primary residence and also refinancing an investment property that I own. I have a home equity loan on the investment property I took out after I purchased it. Assum...
My business partner has been around the Bigger Pockets Community for a few months. We are considering several properties for our first investment. One of them looks to be a complete gut job due to fire damage (fire ...
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Hi Everyone, rookie-ish real estate investor here. I currently own one duplex that was purchased using a traditional mortgage a few years ago, and I've got a goal of buying at least 2 STRs in the next 12 months. Here'...
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A couple years ago I bought a foreclosure as a primary residence and first home. Purchase price was 36,000 with a conventional loan that is nearly paid off. I have been putting some work into it while living here and ...
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Hi all,So, my situation is as follows. I currently own 1 condo, and recently purchased a duplex. Both properties are in Cleveland, Ohio. My condo is paid off in-full. It currently appraises for $63,000. I put 25% d...
I would be super grateful for your thoughts, advice I essentially need to refinance and get a home equity loan, but I am wondering about the best way to go about doing it:Situation: I have a 3-unit property with a mon...