I'm on chapter 4 of the BP beginners guide and have a few questions. Obviously goal setting is important to proper success and progress tracking. I am thinking about the next year or so and trying to decide what go...
Hello Bigger Pockets, I am interested in learning about everyones experiences with owning and operating seasonal rental properties in vacation / destination markets. Pros, cons and recommendations.. Any and all inform...
Hey BP!I’d love to hear what successes or failures you’re having in quickly building your portfolio with cash flowing buy and holds in these expensive Denver and surrounding Colorado markets? I’m looking to determine ...
Hello,I am in the process of house hunting with my fiancé. Originally, I really wanted to purchase a multi family so we could live in one unit and rent the others out. I have come to realize that she really would pref...
I just purchased a 4-plex in IN with cash. I would like to put a loan on the property to pull out as much of my cash as possible to use for other property investments. Wife and I have high credit score and we are hi...
Hello, I have an investment property in Philly; it's a BRRRR. It's been renovated and will be rented out November 1, but I'd rather do the cash out refi sooner rather than later. Any lenders do 80% cash out refi with ...
Hello BP community,
I'm new to BP, but excited to learn through so many forums. I'm looking for my 2nd investment property and was waiting to reach a 2-year mark of my W-2 job to apply for an FHA loan or HELOC. Howe...
I understand they have a little bit higher interest rate, but what are the risks of DSCR loans? Is there a demand clause where they can call the loans for no reason? My conventional loans don't have a demand clause. T...
Hello BP Fam,Most DSCR lenders I've spoken to have a penalty for selling a property within the first 5 years of purchasing the property. Does anybody know of a lender that has DSCR loans that do not have this penalty...
While it appears many rookie investors tend to struggle to hit the ground running due to lack of capital / financing, I have the opposite problem. I've never purchased an investment property but want to begin my inves...