Dev Kumar
Equity out of my investment home
Hello Biggerpockets, I'm seeking a way to get equity out of my investment property. It is a rental for the last year plus but the problem is I cannot do traditional HELOC due to no proof of income. Please advise.
Account Closed
Investing in Tiny homes
Good morning BiggerPockets!
I'd love to rekindle some conversation on tiny home community development.The industry is expected to have some major growth over the next few years. I'm curious to know if many of you are...
Danny Moreno
Houston, TX - Owner Financing - Subject To
I am looking to acquire my first property as a homestead for the short-term (2-3 years), then move out and turn it into a long-term rental. I was laid off last year due to COVID-19 and decided to turn to self-employme...
Greg Henderson
Can I get a FHA or any QM on 2 duplexes on the same parcel?
A local lender said it is commercial because it's two dwellings even though it is on the same tax parcel. The addresses are labeled A, B, C, D. I've searched and not found a definite answer. Has anyone dealt with this...
N/A N/A
Understanding Financing Is The Key To REI Success
Many investors fail to understand how to structure a deal financially. Keep in mind that any lender needs to minimize their risk in the deal. Whether it is a traditional loan or hard money, the lender has to have a re...
Taron Wright
House Hacked a Single Family
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $199,000
Cash invested: $15,000
Sale price: $360,000
Bought as a house hack and rented out 3 of the bedrooms. S...
Jack Presen
Mortgage Question
I have a cilent who's credit score is 500, owns a successful business. He have a nice sum to put down on a house in the $700,000-$800,000 range, wants to use a family relative for the mortgage; because the family rela...
Natalie Siedschlag
Conventional Financing for a BRRRR?
Other than having to pay closing costs twice and also not being able to potentially buy a property for a greater discount up front, why would using a conventional loan be a bad idea for a BRRRR, as compared to hard mo...
Monte Rice
Newbie with duplex looking to scale
Hi BP family, i am a newbie in RE and have acquired a Duplex using FHA. I am now looking to scale and get more rentals (preferably multi family) but I am open to SFR for use on Airbnb. What is the best way to scale? I...
Brad Kanouse
IRA funds as down payment
Hello. Is there a way to utilize part of my Traditional IRA funds as a down payment on a SFH investment property without being penalized?