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I have been looking at apartment complexes. I managed to get 1 8 unit and 1 6 unit building over the last few months and have done well with them. The cash flow jump was substantial and so of course I'd like to acquir...
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It came as a bit of a shock a few months ago when I contacted a mortgage broker about financing, using equity in a property to secure financing.... it is just not possible with traditional banks in Canada anymore.One ...
Hi my name is Aaron. I was watching videos on YouTube and saw a brief ad i was going to skip ASAP, but something caught my attention. A guy in front of a chalk board saying you could pay your mortgage off in 5-7 years...
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Hi folks!I recently bought a property in Palm Springs that is meant for Short-Term Rental. The house is currently valued at ~$1.5M but we plan to spend ~$500k on renovation and expect it's value to go up to $2-2.5M af...
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Hello! My partner and I are actively looking for our first deal in West Michigan. We plan on refinancing my primary residence to finance the deal...the home is worth about 15-20% more than I purchased it for in 2013 a...
Any one in fl have a rough estimate to fully rehab a 4 bed 3 bath per room on average? Just the bedrooms really I have a pretty good idea of what the bathrooms and kitchen will cost just not the bedrooms. Thanks for t...
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Hey there, I'm considering an Offset Mortgage (also known as All-in-One loans, or Accelerator mortgages). My understanding is that this has not been allowed in the US until recently do to tax reasons, but is more comm...
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Hi guys,I have a FHA Loan on my primary home, bought in 2015, owe $112K (30 year mortgage at 3.75 rate and also pay FHA insurance for the life of the loan). I also have a HELOC against it for 55K (thru Huntington bank...
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Hi Everyone, First time here on Bigger Pockets. I had always wanted to buy my first investment house, to fix up and rent. Opportunity came up in June 2022, off market so I used my HELOC and some personal family loans ...
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Hi there BP family,
I heard on a recent podcast episode from the guest (David seemed to concur) not to mess around with ARM loans. Can anybody offer insight into that? Whose had any experience at all with them and w...