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I have agreed to lend a friend who does fix and flips some cash for a property, with an agreement for a 10% ROI (I am lending 10k since this is my first time doing business with him, however I do trust him.) I was se...
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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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How can i do this??????
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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...
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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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...
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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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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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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...