Hey Team!
New to the game and have my first flip under contract. I'm in need of an insurance policy while holding the property- my team is using hard money. I expect the time between close and sale to be 3-4 months. ...
I obtained an FHA loan for 240k at 5% with PMI back in April 2009. In 2013 I received an offer in the mail to refinance my loan to a streamline FHA loan to 3.5% interest rate, the mortgage company didn’t lock me in...
I am having trouble finding an insurance company for my first multifamily property. The closing is scheduled for Oct. 31st. The current owner pays $1800 a year and the first quote I received was $6000! I am expecti...
I recently read on the forum that if you purchase a property for cash through an LLC by lending yourself the money (draw up a mortgage note and file it) that you can REFI out of it with no seasoning and recover your c...
Good day!I have started contacting as many banks as I can for my 1st investment property. I will be house hacking in Baltimore City, Maryland. The property will have to go in my name initially, so I can reap the benef...
This is my first post since joining BP and my first investment in a commercial real estate LLC. I recently was approached to join a group of investors to purchase a medical building that is 100% occupied. My total i...
Hi All,I'm hoping to get a definitive answer regarding HELOC on rental properties in Texas. I've gotten different answers from different people and even banks. I have several single family rental properties in Texas...
Good morning! This is my first time posting but this site has such a wealth of information. Anyways, so I found a beautiful home on Homepath, in a very desirable area. Its very old (built in 1926) and probably needs a...
Hello, Bigger Pockets! So happy to be here. I joined a few weeks ago and am really impressed with the site.So, a little bit about me ... here’s why I’m a “kinda-sorta” newbie.I first began investing in 2003-2004, arou...
This is off the topic in BiggerPockets, and just thought to seek some help here, as this is where the BIGGER-POCKETS people are at of all types of businesses.
I'm in the Note and REO business, and I'm asking for some...