Cory Nolan
Thoughts on using a HELOC for my first investment
Hello everyone!
I am considering using a HELOC for a down payment on my first investment and I wanted to get everyone’s opinion on this strategy and if it’s a good strategy or not? Thank you!
James W.
New-ish investors from Mascoutah IL
Hello BP! My wife (Alicia) and I (James) are looking to get into rentals more. I have been absorbing as much information from the BP books, podcasts and the webinars to try and prepare for this adventure. We currently...
Mark Bondurant
Help in structuring a loan
I'm looking for assistance in structuring a loan of $10K from my self-directed IRA to another REIA newbie member. (I am totally new at lending). Loan is on a triplex: a commercial space that rents at $550/mo. (curren...
Moshe H.
80% LTV?
I'm trying to purchase a 6 unit that needs some work and the 25% down required by most lenders will eat up too much of my cash.Anyone know of a private lender who will go 80% on commercial who lends in NY?
Leslie Sakal
Question: Pricing Out due to SqFt
Hello Everyone,I'm new to REI, and currently am voraciously researching and reading everything I can to get a good grasp on how to flip houses in my local market. I've started by teaming up with an agent and we have b...
Kate Pierse
Dealing with 1st lien when buying second lien foreclosure
I was wondering if anyone has any hands on experience working with a bank to pay off the first lien on a property after they have bought a property at a foreclosure on a junior lien. There is a property worth about $3...
Maxwell Hunter
Rent or Shortsale
My wife and I will be relocating to a new area in metro Atlanta from Lawrenceville GA. Our current town-home is still underwater by approximately 10-15k (Still fall-out from the last bubble and market drop). Our opt...
Jubal Noel
Hi I’m new here! Here to meet investors and learn
Hi Bigger Pockets community,First a little bit about myself, my name is Jubal Noel, I’ve recently graduated college with an electrical engineering degree. I started my first job this past June and have been (mostly) s...
David Lund
Noob Needs Advice: extra cash needed for closing costs?
Hello All,When looking at properties it's obviously to everyone, even myself, to calculate the cash I need for a down payment, but I assume I will need to save up even more cash for the closing costs? Is this a fair a...
Rene Vizcarra
Hard Money Unique Situation
Hello, Looking for any helpful information on my unique situation:
Purchased a home to fix and flip. It's a larger home and a big project in Colorado. The purchase price was 845k and the rehab was going to come out t...