I'm investigating various options for short-term cash for rehabs. A loan for 401k looks like a good option. Any gotchas to worry about? Below are the rates charged in one of my accounts (Fidelity). As I understand it,...
We’re working to take down a $20M, 132 unit asset in Northern MA (between Boston and Nashua). This is my biggest loan to date and this came from a new lender relationship. Is there anything here that looks questionabl...
Currently in Gilbert, AZ. House is paid off and valued at $420k. I want to get started in Real Estate Investing but I have a 689 Credit Score. Thinking about getting a Home Equity Loan and using that to pay off debt (...
I bough my first property an 25 years old two years ago in 27 now the property was an double wide mobile home 1580 sq ft 3br 2bath I was renting for an year for 550$ an month an I knew my dream an passion was to own r...
Hey all!
I have been listening to about 2 bigger pockets podcasts a day to and from work for almost a month now, and recently took the plunge in setting up an account. I'm located in sunny Dallas TX and want to start...
I am going to be buying my first property next April when my lease is up on my current apartment. I will be purchasing a small multi-family property, a duplex or maybe up to a quad. My main questions is once the deal ...
Looking to borrow about $20k to help with the purchase of another rental property. I have the ability to refi one of my houses or I could borrow from my 401k. Not sure of all the details about the 401k loan, I do know...
Greetings, My wife and I are making an offer on our first multi family this week. We both have full time jobs and make decent money 100k+ combined. Our credit is well above 750 each. The loan for the $210,000 house wa...
There is a mortgage payment strategy that says to pay half of the mortgage payment on the 1st/15th of the month and the 2nd half on the 15th/30th depending on the due date of the payment. This reduces the amount of i...
Dear BP Community, I am actively looking to purchase both units of a duplex, live in one unit and lease one unit (house hack). I found a property that I’m considering making an offer on, and I’m analyzing different ...