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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...
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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...
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...
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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...
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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...
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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...
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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...
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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...
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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 ...
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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...