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I'm looking at buying a condo to add to my rental portfolio, and would like to make a cash offer. The purchase price would be around 50k. I have a good balance sheet and good income, but I don't have the 50k liquid ...
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Hello BiggerPockets Community!Looking for some guidance here.So I've been preparing to enter the real estate game for a while now and have been studying what my best options are for what I want to accomplish. Here are...
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Hello all,
I am a young investor who just purchased my first duplex roughly 4 months ago. I live in one half and the other half covers my mortgage, plus. So good start there.
I'm looking to buy a triplex or a quad n...
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Folks - I need your help on something. When exploring buying through an agent in Memphis TN, i am running into the following challenge. One of the lenders I talked to said the property has to be in a good condition fo...
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My dad is selling my parents house, which would be a good investment property to rehab. He just wants the cash and to be done with it. We want to buy it and do a live in flip, but it won’t pass inspection. Could we do...
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It's the end of the year and I am considering investing in a rental property as a first-time owner, who already owns a primary home. However, I am also thinking about whether I should max out my 401k like I did this y...
For W-2 employees with substantial income, navigating the financial landscape becomes strategic. Understanding the nuances of Backdoor Roth IRAs can be a game-changer in optimizing wealth-building opportunities. Let...
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I have a free and clear, rented property I intend to keep for now, but want to get a loan to pay off another property's loan to 1031 it with no mortgage balance. Is the DSCR loan possible in this situation assuming t...
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I am a Realtor. I have a Ltd company for this business. I want to start rehabbing/fix and flip. Aside from hard money lenders etc how would I obtain financing through the business? Is it like a personal mortgage or is...
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I have been trying to find a conventional mortgage option for the purchase of a multifamily property of 5-10Units with a purchase price of $300,000-$500,000. The property would be located in the Des Moines, Iowa area....