George Jackson
Am I ready need a mortgage but not strong credit?
I'm am ready to buy my first rental property. I want a multi-family property. I have enough cash for a 25% down payment. My concern is my credit is above 620 but its only recently improved. Its on the way up. I will ...
Courtney James
Strategies for acquiring multifamily units
Hello, I am looking for suggestions on how to acquire multi-family properties with little down. I have minimal background in real estate investing, mostly just self-educating. I am currently in the process of closing ...
Pat Belmer
Looking at my first deal! Any advice?
Looking at my first deal. Seller is former broker selling in my opinion a great property. Rural duplex w/3 bedrooms 1.5 bath 2 car garage each. Built in 1960. Asking 129900. Appraised a year ago at 130k befor...
Jeff Brower
Close on occupied rental purchases on the 5th-10th of the month!
This is a tip that most folks may know, but something that newer investors might not think about. If you are purchasing a property that has current tenants, it is best to close somewhere between the 5th day of the mon...
Scott H.
Accelerate mortgage payments on primary residence or invest?
Trying to figure out if I should accelerate my current primary residence mortgage payments to pay home off in about 7 years or if I should start investing in rental properties. I think I would get pretty antsy if I ha...
Bernard Joseph S.
Buying multiple properties cash, want to add another property...options
If someone was investing about 1.5M all cash into 4-5 SFRs and wanted to add 1 more SFR but did not want to go the conventional or DSCR route what are the options?
The plan is to pull some equity when rates are bette...
Jayson H.
Charting a course
With my introductions out of the way, I’d like to jump right in and ask for some advice from my colleagues:Background:Property #1: I currently own (inherited free and clear) a duplex (3/2 & 2/2 and SFR (3/1) all l...
Devin Duval
Finding funding using gift funds for down payment
Hello BiggerPockets family!I am looking to purchase a duplex for $230,000. The ARV of the duplex is has been appraised at $323,000. I the I'm trying to find financing for 80% of the purchase price. I am having 20% of ...
Starshima Haynes
Looking for a private investor
I am looking for a private investor to purchase foreclosed property for my growing family. I have already found a great property that needs minimal work. I am willing to pay private loan rates as I would be pock...
James Bryson
How to fund first investment property
Recently inherited a 3 bedroom 2 bath house after the passing of my dad. Own the house free abs clear. It's currently rented and generating positive cash flow. But now I'm considering purchasing 1 or 2 town homes i...