I had read somewhere that there have been times when owners of properties who are doing seller financing claim to not have received payments that had been sent. I was wondering what risks are out there in buying a...
Hi All,Thanks for making Bigger Pockets a wonderful community where I learn something new every day! I was hoping to get some advice about portfolio lending for single family rentals. To give you a quick background,...
Hello everyone I been looking for deals and I am considering on using my HELOC to put as the down payment for a multi family rental, my question is can I do that? And if so how would I?
Hi all,I am in contract on a 2 family home in which i will live in one of the units and rent the other. I opened a single member LLC and have the contract in the LLC name with me personally guranteeing the loan, okaye...
I am looking into buying a duplex in a nicer neighborhood of the Milwaukee area. I have great credit. The price would be around $160k and I would put 25% down. I recently got quotes from a mortgage broker and they cam...
Hello BP Family,
I have reached my FICO mortgage score goals for the interest rate I want. My goal is to buy a fixer upper in my desired area. Doesn’t even have to be in any good shape, as I will tear down and do a n...
IM located in PHX,az and would like to know the name of this deal scenario where buyer agrees to pay off completly sellers loan balance, for example , lets say seller owes $50k on a $350k home buyer agrees to pay sell...
Greetings BP:I'm looking for a tax expert that is extremely familiar with the tax implications of using the infinite banking concept (Nelson Nash). Specifically how to take a loan from a policy to loan to my LLC and...
Hello All, recently a lightbulb came into my head that I am eligible for a VA loan seeing my father is a veteran. Just wanted to know how everyone’s experience with this is like? I want the bad and good, if there is a...
I recently updated a home I had by using a loan on my 401K. The home has sold and I have the funds to pay back my 401K loan; let's say for example that I was paid a $50K check at closing from the title company as my n...