Helllo there and thank you for all that reply and give me advice very appreciated thanks Warren buffet said it is a good time to borrow money right now. I’m looking to buy my first multi family property to start my RE...
I have a military buyer looking to buy a MFR property and house hack. I'm getting conflicting advice from the loan officers and hope Bigger Pockets can help.In short, MUST a VA borrower put down 20% (or any amount fo...
I'm looking to withdraw a small amount out of my HELOC to invest in a few crowdfunding deals. I believe income from crowdfunding deals (regardless of whether it's debt, preferred equity or equity) is considered passiv...
Has anyone ever borrowed money through a bank using your stocks and bonds as collateral?
We could sell the stocks and pay cash for the property, but we would have to pay at least 15% cap. gains.
We woul...
Hey everyone, we just found a new site, created by the founder of E-Loan, called Prosper.com. The site allows anyone to become a hard money lender. People needing a loan can submit their project/need, and people (le...
Hi, here's a question:If I have a choice in buying a house between conventional & seller-financing, are there any credit benefits to the latter? I.e. would future lenders calculate my debt-to-equity ratios in the ...
We have a SFR in Michigan that was taken back at the FC sale last December and the redemption period expires on June 6th. The borrower may still be in the property and one strategy we considered is to approach the bor...
Hi everyone, I don't have much experiences in borrowing money and would like to ask for advices. Here is my sum up situation:
I bought my 1st rental property in Oct 2008. Currently I own 5 rental properties + my Home...
Hi All. First post for me.
My business partner and I purchased a rental 9 months ago with all cash. Now we're looking to do a cash out refi to purchase another property, but our mortgage broker informed us that o...
Is it good idea to use funds from 401K to buy a cash flowing SFR? I have about 105k in 401k. Minimum payment will come out of my biweekly paycheck to pay off the borrowed money. What are the pros/cons of doing this? ...