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I'm still doing the pre-license course. I'm writing it all down in a big note book to help me memorize it all.I came across this on Real Estate Express' course.My question: Why does this list both PMI (Private Mortgag...
Hello All, I am new to real estate investment. I was taking to a Mortgage broker friend of mine about BRRR strategy. He mentioned that their are several limitations on refinancing the homes you bought. He wasn't sure...
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Hi Everyone, Can you please recommend any investor friendly banks or lenders in the Charlotte area? Also, if you could, their typical interest rates/closing costs, and typical time to close? We are working with few op...
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hey Bigger Pockets! just got my 1st BRRR and I was wondering how long you have to typically wait to re-finance it to a regular mortgage? also, what kind of rates do have you been getting with the cash-out refinance?
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I understand that a typical rental analysis takes the monthly rental amount, sets aside 5% for vacancies, estimates 50% for expenses, and then makes sure the remaining 45% pays debt service and leaves a profit.But I'v...
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Hi - I plan on doing my first apartment deal in DFW area this year and I am currently researching various banks and mortgage broker for Commercial loans. I have contacted couple of Mortgage Brokers and they told me th...
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Hello everyone, I need advice in reference to using a HELCO or Bank Construction loan to build a new home. I have a lot and I want to build a new home on it as my primary residence. I currently own a home with a lot o...
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I would love to hear your stories .....
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I live in CA where rents typically don't cover the price of a house/mortgage. I've lived in my place for 8 years and after a recent cash out refi, I pay about $2250/mo for my mortgage + taxes. If I rented it out, I co...
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Hello I am a newbie to real estate investing. I am looking to purchase multi unit properties, 5+. I am looking at my potential first property, a 6 unit, right now. I realtor sent me the lead and wants to wait to show...