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Hi everyone,Is it a good idea to obtain a home equity line to use for a 20% downpayment on an investment condo? I've bought two homes thus far and one was a bad deal - buy and hold, the other is my current residence t...
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I am new here, it seems like a lot of smart folks here. I purchased 3 single family homes in a cheaper area than where I sold my home using a 1031 property exchange. It has been 4 years now and all three have gained g...
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Do we lose tax benefits when buying investment property in cash, and then doing refinance?Does the 90-day rule for refinance after cash-acquistion, apply for investment properties?Otherwise, does the cash investment b...
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Peyton here! Figuring out ways to not only hack credit cards for travel, cash back and credit scores. Has anyone figured out how to cash out a Credit Card during your 0% interest timeframe to purchase a investment? Th...
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I am meeting with someone who is going into foreclosure. After I talk to her, how would I make sure another buyer comes in to take the sale? Is this done by putting the property under contract? Would an Option Agreeme...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $38,000
Cash invested: $35,000
Sale price: $125,000
SFR property with excess land, zoned commercial, bank owned...
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Hi BP friends! I am looking at purchasing a home in Vermont to use as a STR/Airbnb/Vrbo and vacation home for my family. My DTI is too high to qualify for any conventional financing. I am looking at DSCR loans, but do...
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I am looking to purchase rental properties at foreclosure auctions. I have no problem obtaining conventional financing, but cannot close fast enough to utilize that as a funding source. I have done a conventional live...
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Hi I'm new to Bigger pockets but I've been reading a ton and listening non stop to the podcasts. I am kind of excited about a prospect on my street. It's been sitting vacant before I moved I to my house and for who ...
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I have an Open HELOC that has a 5% 5yr draw and a line of 70k. I recently purchased a property that needs some renovations ~50k. I am trying to figure out what strategy to go with to finance the reno. Do I use a 18 mo...