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Yes and No. It depends.100% funding only is possible in a few different situations. For instance, If you are a Doctor and you are leasing a location and now want to now buy instead of lease. Normally you would ne...
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Hi guys,
So I purchased a retail split level. Spent abt $33,000 to make it a decent 4/3 which I househack with 2 roommates which essentially covers my mortgage and utilities.
Now, I'm considering putting in another ...
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Hello everyone ! I sent in the paperwork to form my LLC. My question is regarding the insurance on the property. What type of insurance are you putting on your (in my case) Two Family -do I need an umbrella policy ? I...
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This past week I started working at Holton-Wise Property Group. I want to focus on investors because being a retail real estate agent was doing it for me. I have Bigger Pockets to thank for this because I met @James...
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My business partner and I are looking at purchasing two houses from an experienced investor that is downsizing his portfolio as he now has some health issues. He is willing to explore the route of owner financing with...
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Looking at how to improve my DTI for next purchase and noticed that the mortgage payment on my credit report includes full escrow (taxes/insurance) which is significant at $1,200. Since its on my credit report it will...
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Hello everyone,
I'm new to the forum as well as the Atlanta area. My credit score is in the high 500s. I am working on improving that issue right now. I know there is money out there to finance my prospects but I am h...
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Hello biggerpockets community, So here is my scenario We bought a house last year for 408k after hearing they had lowered the price because it needed some TLC. After buying this home last year , our Cul de sac is no...
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Someone please explain to me how to create my first cash flow property...I'll use easy round numbers to simplify. I pay $1000 per month on my own mortgage. I have 100k equity I can access for a HELOC. I open a HELOC f...
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I have a question about how to handle the cash flow for two of my properties.
One is a four-plex that I'm rehabbing and will hopefully flow nicely. There is little appreciation as it's in a small town where prices ...