Dear BiggerPockets community,Presently I've been financing flips/rehabs through a secured line of credit.The current lending agreement allows me to borrow up to around $325,000 and my bank will allow me to use this mo...
Hi All- I have been reading and learning and studying my market and following the advice in the "Ultimate Beginner's Guide." I purchased my first investment yesterday at a foreclosure auction! (a 2/2 condo that I plan...
You then provide the purchase agreement contract, correct? I am in Oklahoma and was wondering if anyone can pass along a commonly used contract that covers all the bases when purchasing a property to wholesale.I have ...
Hello All !Question, can you purchase your 1st investment using a conventional loan, and still have the option to purchase your 1st primary residence using the first time home buyer 3.5% down program?Scenario: A coupl...
So wondering what the best way is to use my cash and lines of credit and Mortgage? Currently, I have 4 properties. I started out using my cash and I'm questioning if that was the right decision. So i bought a duplex a...
Hi Everyone, I recently found out my property line was not the actual fence line. A new neighbor moved in next door and got their property surveyed for future landscape work. Come to find out almost along one entire...
Good Morning Everyone. I'm more than a bit frustrated with my current lender. Five years ago, I purchased a 16 Unit apartment complex for 472k put about 150k into it. Raised the rents from $500 to $800. Reduced va...
I've heard "cash is king". I'd argue that "cash flow" is even more important for any business owner or active investor. I'm currently in a position where we have three rehabs underway, with renters expected in all thr...
I have a property that I’ve recently acquired. All of the 11 windows seem to be the original install from 1943 with the counter weights in the walls and everything. After the window replacement, some cosmetic work, le...
I own two single family homes via conventional financing. One is cash flowing $560/mo. The second home I live in, but renovated the basement to be a rental which cash flows $300/mo. My renovations actually added appro...