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Results (5045)
Ryan Bell Just closed on my 1st investment property!
20 August 2019 | 1 reply

Investment Info:

Single-family residence buy & hold investment in Thousand Oaks.

Purchase price: $530,000

Cash invested: $1,000

Just bought my first property to hopefully kick start many more big...

Zach Adams HELOC for downpayment fell apart!
25 November 2016 | 1 reply

I decided to take out a LOC on a rental property I own with a 0.57 LTV.  The lender at BofA assured me I could use an investment property.  I found a deal for a triplex locally and trying to purchase as Owner Occupied...

Ivan Romero Home equity gift?HELOC?
8 November 2021 | 2 replies

Hello everyone! I'm a 25 year old guy living in Houston, Texas. I've decided I've wanted to start househacking in 2022. My question is: Can my parents gift me some of their home equity they have built in the home they...

Dominique Ellis Private Lending With Negotiable Terms
21 May 2024 | 1 reply

I’m hoping BP will come in handy for me here. I have a unique situation where an elder lady wants to gift me her house. The only problem is she has a reverse mortgage on the property. So instead of gifting me the prop...

Eser Garipagaoglu Bringing Gifts from Abroad
5 November 2017 | 2 replies

Dear Bigger Pockets Members,   My relative, who lives in Turkey and is very old is considering giving me a gift of several million dollars before she passes away. She is not a US citizen. If I were to accept this mone...

Chris Schuler Looking for advice on purchase strategy
25 April 2017 | 5 replies

I'm looking to pick up a multifamily property off-market, but have recently used a lot of my available capital improving another property prior to a refinance.  Although my debt to income is excellent, and the requisi...

Brandon Brown Getting mortgage on property below market value
6 March 2023 | 8 replies

I wanted to know if I get a mortgage on a home below market value could I pull cash out at closing …. For example buying a house for 130k from a family member but appraised for 240k can I get a mortgage for 200k and w...

Bruce L. When do you reward yourself with Lavish Gifts?
8 February 2014 | 12 replies

So, there is a thread out there about a newbie wanting to buy a Lambo and given that he just started, and had no money at the time, most people consensus is that buying a Lambo would not be a good idea at that time...

Samuel Persson Cash out refi for down payment. Covid rules?
7 January 2022 | 6 replies

We are looking to use  a cash out refinance on our current home. We have a second home we are interested in and would move to. We would rent our current home. I spoke with a loan broker and the cash out refi is not a ...

James H. Rental payment conversion success
30 September 2012 | 11 replies

Well, we just checked the bank account online a couple minutes ago and low and belold, there was a deosit in the amount of rent owed for October sitting there!

This is great news because my last interaction with thes...