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if you buy a property for 60k, you put about 12k down, and the value does not increase, but you get a tenant, and wait 6 months until you have about 15k equity, in theory, could I get a cash out refinance and pull my ...
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Hello everybody,
I'm a newbie investor trying to use creative financing for my next deal. My wife and I bought and lived in a condo before moving out and renting it out. We now live in a townhome where we wish to do ...
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Hi All,Does anyone have experience Michael Blank's Platform Builders? It's supposed to help you build your brand for apartment syndications. I like his Syndicated Deal Analyzer, and before jumping into this wanted to ...
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Hi all - I'm purchasing a condo in a vacation town and plan on doing weekly and short-term rentals of the condo. I have not purchased a condo before and not sure if it's worth the expense of doing a home inspection f...
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Imagine a qudplex on two streets such that 2 units face one street and two units face another street. All units are identical and owned by 4 different owners....basically a townhouse in my part of the world. There i...
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I currently have been working as much as I can and am paying off 14,000 of credit cards. Dumb decisions but that is the situation. I am 26. Making just about 32000 a year. Would you pay off all debt before investing? ...
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Hi Biggerpocket Community,
I have been reading many forums, blogs, and podcasts here in Biggerpocket for a while and love this site. You are all my mentors. BIG THANK YOU to ALL
I am in the accounting field and a pa...
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I am trying to buy new house in Seattle about 1M ,and have current home that has around $200k loan left, monthly I pay around $2500 mortgage (2.5% interest rate, 10 years left on 15 years loan).
Options:
1) Sell the...
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Finance experts: I would like to ask a seller that (I think) wants too much for a property, to finance the property for me. I think if we did this the seller could get the full amount that he wants in 3 years and I co...
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Hello everyone, I'm not sure if this is the correct forum, so bare with me.I have an offer in on an office Building in Northern Colorado. Its a 3 mill asking price with a 800k seller back. So potentially a no-money do...