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Hi Everyone ,I'm looking for some advice on making the best decision overall. My primary residence right now is worth $170k on a 50k loan. Im in the process of closing on an equity line of credit for $90k , which im ...
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Hey Everyone!It's my first post! Been following Bigger Pockets for over a year now and finally have something I think I can contribute. I've made some offers on properties and been under contract a couple times but ...
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I have been speaking to some real estate broker in central / upstate NY who is saying that a lot of single family homes get bought with cash because banks don't want to loan houses with low prices such $30-60K. I am ...
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So, I've just finished reading Brandon Turner's book on investing with little and no money down, and I have learned a ridiculous amount about financing. That said, I still have tons of questions, but one specifically...
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Based on what I've heard in the past, its easier to get rental property financing than it is to get fix and flip money. Don't know if that's necessarily true or not, but I want to get started in renting out as a long ...
I have starting capital and I'm still a bit unclear when I should pay cash to purchase a property or put a mortgage on it so my initial costs are lower. Is there a rule of thumb?
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Newbie question here. I'd like to buy a distressed property, which is cash-only. The plan is to fix it up, then finance it later.Of course, I want to make sure I cover my bases before jumping into this, so my question...
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Most of the time when people talk about BRRRRing properties, they say that buying all cash up front is the way to go in order to buy lower and close deals faster. I'm wondering why most people don't BRRRR with convent...
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Hi BP community!I'm a first-time Real Estate investor, and I want to ask about the best way to go about financing during this time.I have a large cash reserve saved up, and I'm investigating a multi-family property cu...
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Hello BP. I have a deal im looking at from a turnkey dealer and want some advice on which approach to take.Traditional financing w/ 20% down w/ my own money.Traditional financing using my mom's HELOC, use cash flow to...