I am a newbie to the real estate game, and I would love to have a mentor show me the ropes. I am interested in the brrrr technique, but i lack the knowledge and capital to get a deal done. I would love to have a mento...
I see many houses for sale, that are stated as "Require 203k loan". I spoke with my mortgage broker and, I'm still not clear on the appraisal process. It seems to me that some of the numbers are based on the After Reh...
I have a qustion regarding qualifing for a mortgage. I finally got my FICO scores high enough to qualify for a mortgage (fico is 645ish across the boards) but here is my dilemma... In August I left an employer of thre...
Hello, I am currently in the process of closing my first rental property. It's a side by side duplex with 2 bedrooms & 1 bath per side. The overall condition of the property is relatively nice. It just needs a lit...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $217,000
This 1,250sqft 3 bed 2 bath will hopefully be a great rental one day but for now it's my first home! Purchased...
Hello BiggerPockets, I am looking to buy my first investment and have narrowed down my options to buy and hold/BRRRR multifamily. I am looking to rehab a home using a 203K loan and was looking for help regarding estim...
I was wondering please, Can you have the PMI removed from your FHA loan , SO LONG AS you have " Less Than " 80% LTV on your Primary Residence ( so a LTV of 79%, 78%, 77% , etc. ) ?And do you have to have owned you...
What are some options that I can use to finance the rehab of a property? I am looking to purchase my first property to flip. My plan is to use a traditional mortgage to fund the payment and I have an adequate reserve...
Hi -I recently closed on a two unit which are ocupied. The inspection indicated that I need several repairs including the replacement of chimney liner and cap (est. cost/labor $1,000) and gutter guards (est. cost/lab...
Hello Everyone. I'm looking for advice I'm currently in a real estate partnership, and I'm seeking some guidance on ensuring that our partnership is structured in a fair and financially beneficial manner for all part...