Omar Diaz
Should I use a portfolio lender?
Hello BP community, I discovered portfolio lenders recently and have been reading on what they are and what advantages they offer. My question is, can I/should I go through a portfolio lender for purchasing my first h...
Dan Ben
Need Advice Investing in Cheap Lubbock Single Family Rentals
Hi Everyone!
I've recently began investing cash in SFR's in Lubbock. These properties are east of University for the most part. Half the properties I've acquired have strong ARV numbers post rehab and I plan to pull...
Doug Phillips
401k Savings Plan through Work
Hi everyone,Starting in May I'll be able to contribute to my day job's 401k; up to 3% will be fully matched and then 50 cents for the next 2% (I plan to fully max out). I will become fully vested I believe too. I do...
Jason L.
Rate & Term refinance immediately after a Cash-Out refinance
I just completed a cash-out refinance and in the process of shopping around for another mortgage when I realized something. Since cash-out refinances typically have a higher rate, would it make sense to immediately do...
Daniel Hankins
A Pointless Rant: My Recent Story
I have spent the last 4 years learning how to buy, renovate, and then rent out worn out properties (Bigger Pockets was the biggest early source of knowledge). When I first started I was working a normal full time W2 j...
Tracey B.
Are rentals really a smart choice?
On several other re forums this has been a topic of great debate. There's several "gurus" who claim investing in rentals in dumb. Feedback on this please. Why or why not invest in rentals. Aren't they a great replacem...
Mitul Gandhi
Need help with assumable loan deal
Hey everyone,
I could use some advice on how to navigate a real estate deal I'm working on. Here are the details:
Assumable loan balance: $750k at 2.75%List price: $950kDownpayment needed: $200k to cover the differe...
Gordon Yu
First time investing in a multi-family house
Hi all, This is my first post here and this is the first time my wife and I are investing in a multi-family house. Sorry for the newbie questions:1. Investment Thesis: My wife and I own a small e-commerce store. It co...
Jim P.
Criteria to gain a completed appraisal? Light rehab needed on a duplex
Mods- I'm not sure where this post should go. Please move it to where ever it needs to be. ====basically its questions regarding minimum criteria needed for a completed appraisal.
All,
I'm in the pro...
Chris Clothier
Quick Financing Question
A colleague of mine asked this morning if I knew of lenders who would lend to a foreign owned LLC for the purchase of a 14-unit apartment complex in Huntsville, AL.
That a fist for me...but if someone can do it or ...