Buying a distressed or 70% ARV home with hard money, 100% LTC then refinanced it at 75% or less and rented it out? Curious if anyone has done this several times over in order to build their rental portfolio. This, ...
Have you ever taken a house made it into a duplex or triplex? What about having a detached garage converted to an apartment or a small house? What about moving a large garden shed on the property finishing it out and ...
Hey everyone,I am under contract on 5 buildings that span two side-by-side properties. Great rental income. 11 total units, 8 currently rented out to long-term tenants. Just the 8 that are rented are bringing in about...
I recently got pre-approved by a hard-money lender who works with new investors for fix-n-flip loans. I'm in the process of getting pre-approval with RBC in the US who will offer me the best LTV/rates as a Canadian bu...
I found a 3 unit property in good shape and in a good area near me. Its a for sale by owner and they are not willing come down on the asking price. The issue is that at the asking price and current rents, the cash f...
I have cash but don't qualify for a conventional loan. If I partnered with someone with good credit, how would that work?
I havent had time to digest the new tax plan . But concerning the 10,000 dollar limit on property taxes and state taxes . If I lived in a expensive house , and the property taxes were $30K a year . Could I move the h...
Dear Bigger Pockets people,I am looking to put together my first Private Money presentation which I anticipate presenting in front of my NYC REIA and local meetup groups regarding the matter.If anyone has a template o...
Hello Humans,
New investor here. I understand that it is good idea to save 10/10/5 percent on capex repairs and vacancies, but at what point do you stop saving (or do you)? In a couple years, it is possible to save $...
Has anyone gone through the process of screening and selecting a private lender to work with? I am having a hard time narrowing the list down between what I found from google searches and Facebook groups.
Thanks,