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Good day Bigger Pockets family,Question for my seasoned investors. I left Corp America 2.5 years ago. I now have a portfolio of 11 condo's in Southeast Washington DC, and 2 tenant occupied SFH's in Charlotte. I have a...
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I recently discovered this platform and my wife and I are looking to purchase our first rental property? Does anyone have any suggestions or pointers for a Credit score, lenders/broker, location, down payment amount (...
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I am looking for Hard Money lenders for residential Fix and Flip projects in the Tampa area. I am interested in the following:1. Points/Interest and loan terms2. Is loan based on ARV or current value? LTV ratio?3. Dow...
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Hello! I am getting ready to close on my first investment property and came across having to purchase 2 types of insurance in order to close on my funding from a fix and flip Line of Credit product. The bank require...
With the SAFE Act cutting down on the number of owner financing transactions, I imagine many people are renting out their properties instead of financing them.
So, I was wondering if you can purchase an incom...
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I will be buying properties soon and implementing the BRRRR strategy. The thing is, i will be using a HELOC for the full cost of the home plus rehab. To make my payments lower on the HELOC I was thinking of using dela...
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Is it possible to get into a loan with a bank by using seller credits or seller financing as a down payment? If I have a bank who will let me do 20% down on a mobile home park or small apartment building by keeping i...
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anyone use private money lenders? why do they ask for upfront fees.
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Hey everyone, Does anyone out there have any insight on getting a line of credit through an LLC startup? I know it's more difficult now than ever to even qualify for a mortgage, much less ask for a loan to start a ...
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Financing a multi-family property typically involves several steps:
1. Down payment: Ensure you have 20-30% of the purchase price for a down payment. Most conventional loans will require you to bring around 25% of th...