Hello all, long time reader and first time post here. I appreciate all of everyone's contributions here as it gave me the confidence to step up to the plate and recently closed on my first long-term rental.
I live ...
I know there are tons and tons of internet calculators you could use to calculate the monthly payment of a loan but I'm looking for the actual formula that is used. Could someone please find this for me or at least e...
Hi BP! I am a real estate investor (multiple buy and hold multi-families) venturing into a new deal type: owner-financing! My team is looking at a five unit property with an asking price of $266,000. We would like to ...
I'm looking into a commercial retail deal where I would have the seller carry back a portion of the property as a second mortgage. I like the property as it's in a good area, however with the lack of national tenants ...
Hello BP,Does anyone have experience using a fixed rate home equity loan on a primary residence to purchase more property? If so does anyone have an opinion on the risk reward of this strategy? Would it be worth taki...
BP Community,
In this blog post, I'd like to discuss my situation as a self-employed individual seeking financing for a new construction project on a triplex in Charleston, SC. Despite having a credit score over 70...
Hi bigger pockets community,
I’m in the process of looking into getting equity loan with Wells Fargo because that who I have I mortgage with. They giving me good discount. However I heard that there may be better ...
Hi BP,I have two main questions:1.) Can you "shop" for HELOC's in the same way that you would shop for an auto loan?2.) If you can shop, what questions or tips will get you the best results?A little more info:The HELO...
I am paying my student loan off in full before the federal repayment/interest starts back up in February (current balance is around $13k). At the same time, I want to apply for a mortgage loan for my first property. H...
Good afternoon Bigger Pockets family!So, currently own 100% of equity in a property and have been looking on how to expand my portfolio in the real estate business. After doing research I found the BRRRR strategy usin...