I am a new investor still learning the world of real estate. I have a property in the Caribbean with the plans of complete renovation and turning it into a vacation rental. I currently have 20 grand cash for the renov...
Hi Everyone! I have recently gone under contract for my first duplex in Indiana and it is a cash deal for $75,000. I could not get a conventional mortgage for 2 reasons: a.) the loan amount was too small; b.) we just ...
How do I win the bids?
Will cash give me edge. If so, what kind of discount can I get with cash purchase.
Last time, I have tried to bid around 7% above asking on this particular building with low assements, I d...
Looked at my first deal today. My offer for the single family house is $30K. I am trying to finance it but having trouble finding lenders willing to do it for that low. The ones that do have closing costs that are in ...
Hello, my name is Kacper, I am 22 and looking too purchase a property within the next months. I have a quick question about how the full process works if you buy a house with seller financing and then would like to ca...
I’m interested to find out the process of how new investors find great lenders who are willing to do financing and cash out refinancing on rental properties. Many regular “big banks” are very hesitant to do it. Being ...
Hi all, and thank you in advance for any feedback/ comments.I am looking to purchase my first single family home in Long Island NY. I have found several homes but the issue is that I only have roughly 50k to invest an...
Hi all, This is my first post on bigger pockets! I am looking at a muti-family in my hometown, an old mill town that is finally starting to see some appreciation (6% this year).Asking price is $200,000- 4 units. It wa...
Hello all,I recently did a cash out refinance on my single family home at LTV ratio of 75-25. I did this with an owner occupied loan.My intention with the cash that I have pulled out is to convert my garage into an AD...
Hi,I have an opportunity to acquire a 3/2 under the following seller financed terms: Purchase Price: $420,000 5 Year Note & Mortgage Pri...