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I recently used a HELOC for a down payment and for some repairs. I will have to hold out for a bit to cash out refinance to make it worth it. So I will need to carry the HELOC balance for about a year. I was consideri...
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I'm new to bigger pockets. I was practicing with the with the differnt deal analyzation tools when I came a cross what I think is a good deal. It's a 4 plex that up for auction in 5 days. 4plex in the area go for aro...
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Hello BPC! First time posting and I will keep it short, I have half of the money I believe I need to purchase and flip a home in my area (central Jersey) and am thinking of filling the gap with a home equity loan. Any...
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I'm purchasing a short term rental that is closing on August 3rd. I was pre-approved for 625K, placed an offer for that amount and it was accepted. I talked to my lender and they told me I can put 10% down as a vacati...
Hello, I'm actively look for my first rental property now and I've noticed that most of the houses I go to needs a little TLC. My question is, what's the best way to come up with renovation funds (ex. the money to fix...
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How can i do this??????
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I am in process of setting up a self directed real estate IRA. I am very interested in note investing. Anyone have thoughts on how to begin the process? I have a good financial background but new at real estate.
Th...
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We sold an investment property and put $ in 1031. We have a deal part 1031, part cash, for two triplexes. Would a bank finance one triplex 30-40% with $2300 rent income so we could finance renovations to the other 3...
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Good Morning,
My name is Rich Boughton and I live in Wilmington, NC and am new to real estate investing and have not yet done a deal. In preparation for financing, I have started speaking with banks. My strategy i...
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Need some help on what options I have with this 2nd note in California. The borrower was in CH13 bankruptcy. My note was crammed down because the house was so far underwater. Throughout the bankruptcy plan, they paid ...