I have been wanting to get into commercial real estate this year and I have come by what could be a great commercial deal, however I am realizing just how different commercial is from residential when it comes to runn...
Hi BP community,
So a partner and I are looking for our first deal but had a question around how we should proceed. We have the funds to offer cash without any loans but would like to then refinance to pull out cash...
We have one rental house in a NC college town. We rent the house legally to 4 students (in some places renting to more than 3 unrelated people is not allowed by the city) and have always done this on a “all for one an...
Has anyone experienced with Family Opportunity mortgage loan? Seeking a loan for multi-family property in New York. Will a jumbo loan qualify?Any advise is greatly appreciated. Thank you,Andy
Hello,
I am just starting to invest in real estate. Rather than investing out of pocket, I am planning on getting a HELOC on my primary residence that has significant equity in it. I plan on using this as down payme...
Hello all,
Looking at a 3 bedroom 2 bath built 1970 in a fair part of memphis.
Price 39,000
Repairs 10,000
ARV 77,000
Rents in the area 925
Would you buy and hold?
Thanks for your thoughts!!
Hi, I am looking to buy my first property this year (traditional house hack). I have found a contractor I trust should any repairs be needed, secured a cheap month-to-month rental in the area I will be looking for whe...
I'm trying to plan out my next buy, but my savings alone would take me forever to save for a conventional loan down payment. I did some amortization calcs on my current house loan and see that at the rate I am saving ...
I'm tired of the midwest (Chicago suburbs). My wife and I have lived here our entire lives. We do not have kids yet or any other main reasons to keep us here. So, we are deciding to sell our house, leave my job, an...
This is my first post and maybe not the most appropriate way to start participating in the Bigger Pockets community. However, I am a bit frustrated.
Just as a quick background, my paradigm shift occurred whe...