Hey all,I haven't been a registered member of BiggerPockets too long but have been reading it's content and learning about real estate for some time now.I'm 18 (just graduated) and run my own business/data-brokerage o...
Hi BP family,I have an issue that I need some advice and possibly help on. I recently rehabbed a three unit in Chicago.My plan was to do the BRRRR method, but my credit score dropped tremendously due to me using my cr...
Have a duplex property under contract looking to close. After 25% down, the loan is less than 75k.
Need advise on lenders who are reasonable. I already have 4 loans and finances are in pretty good shape with good cr...
I've read that a score of at least 620 is desirable, sadly mine is slightly less than that. I also don't have strong income at the moment. So you're probably thinking why am I even posing this question. What I'm hopin...
Now that we’ve been in this crisis for weeks is there any new thoughts on if mortgage forebearance is actually a good strategy or if the risk of future implications is too risky if you’ll be trying to get loans in fut...
My questions stem from velocity banking...1. I know there is a tax deduction for writing off the interest on an investment property is it dollar for dollar?2. Let’s say, an investment property has a mortgage and ...
I own a home valued at 400k with 230k on a 30 year fixed FHA. Our debt to income ratio is too high due to student loans and a few credit cards hence the FHA. Also my credit score is not great right now due to some l...
I have a current FICO of around 740. I have a consolidation loan with a $9,000 balance, a car lease, and two credit cards. I realize that opening a new line of credit hurts your FICO in the short term, but I'm wonderi...
My husband and I are currently under contract on our second buy and hold investment property. The purchase price is $68,000 and we are using a conventional loan with 20-25%. The rate we have been given is 5.8%. Lender...
I have two new properties that I need cash for to speed up the rehab needed. I have two other properties paid off, but due to Covid, only one is actually cash flowing. I'm bring in about 10k a month from W2, my credit...