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I am in the middle of buying a primary SFR to house hack and rent out after one year. Conventional loan 5% down. Since April. It's owned by 3 siblings, free and clear. Nobody lives there and it needs light rehab in ...
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Collective,I bought my first STR with a 10% down second home loan. Used a heloc on my primary residence to do it. Now I've got that heloc paid back down to zero, so I have reset my down payment engine. BUT... interest...
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I'm re-staining and painting the cabinets in my student rental and switching out the sink counter (23-year-old white formica with curling iron burns and steel sinks with lots of repaired chips and discoloration) for S...
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Hi All - We live in Manhattan currently and are looking to buy a MF in Brooklyn. I'm wondering what other investors are thinking best neighborhoods are? I like BedSty and East Williamsburg, but those are getting price...
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We have only placed tenants 3 times, with one of them not working out very well (so I am gun shy). There are enough small things that bother me that I thought I would seek input from more experienced landlords.Single...
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The question is, if I take a personal loan from my credit union for $20K, 7 years at 11%, would that preclude me from using it for a downpayment, plus closing costs? I plan to season the money for several month's, whi...
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Good morning Bigger Pockets! I’m wondering if some of you seasoned investors can put me on the right track before I spend money confirming this business plan with the appropriate legal professionals. i have a seller w...
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Hey everyone,
Context:
I am looking to buy my first investment property. Over several years, I have worked hard to save up for a down payment, and I currently have $200k set aside in a money market account ready to ...
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Hey gang...quick question.I've got a contract out with a seller, and she is kind of "balking" at the notion of a 30 day extension if we cannot close on the date stated on the contract. She wants me to take it out all ...
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Ok I have heard it all, do at least three comps within a three mile radius of like properties, subtract repairs, include your wholesale fee. I haven't got one offer accepted,. Someone please give me the run down, I k...