Daymeond Hord
Help... First Rental Property
I'm looking to buy my first rental property soon. What price range and areas should I be looking to buy in? I am also a real estate agent and have access to a couple of different MLS' in my area. I am in the Missouri ...
Brandon V.
Basement Washer/Dryer Utilities Issue
Hi BP,I received a text today from my lower tenant in my duplex with a question about the washer and dryer that I had not thought about. The washer is currently plugged into an outlet that was previously labeled "Upp...
Brian Ellis
Creative commercial financing?
What would you do in this situation:
Business: Manufacturing
Commercial building valued at 2mil
550k left on mortgage
800k Line of credit (650k balance)
Bank is demanding line of credit balance to be lower than 5...
Nathan Ditoto
Future loan implications for HELOC
I have been speaking with several lenders and each seems to have a different opinion. My goal is to access the equity I have in my private residence to add to my cash reserves in order to use this money to invest. Sel...
Laverne Moore
Loan or Line of Credit
Just starting out. Using equity. Should I use a Loan or Line of Credit? Should I use a Mortgage Company or Credit Union? In the Houston Market, should I fix and flip or house hack a duplex?
Polina Ryshakov
Is Now a Good Time to Get Into Property Investing?
Is timing really everything with real estate investment deals? Sales of single-family homes are up from last year and prices are reaching new highs. With inventory depleting month after month & unable to keep up w...
Ray Jender
House Underwater...Looking To Buy Another?
So I am 64 and getting ready to retire at 66 or 67. We are really interested in Florida. A condo or townhome.
But here's the issue. Our current home is underwater. Sure I made a mistake of buying at the pe...
Felipe Guerra
How to re-invest funds if I liquidate properties
Hello my name is Felipe and I'm new to big pockets -I want to get comments or investing ideas on the following.
I bought my first multi-fam rental property in 2013 for $465k -I got a 30yr fix loan with 25% down. This...
Brian Plajer
Syndication Strategy using HELOC funds
Hello,
I am interested in Apartment building investing however I am 52 yo and have a Full time job in healthcare, I have access to capital via a HELOC and was contemplating investing in a couple syndication deals....
Daniel Soovajian
BRRRR seasoning period with all cash purchase?
If I purchase a property and pay for all the rehab with cash, will a bank will require a 6-12 month seasoning period before they will be willing to offer a conventional loan on that property?Or does the seasoning peri...