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Hi Commercial RE Investors,I have a question regarding home equity line of credit or HELOC.Here is the scenario:I went to a local bank asking for a line of credit on my 6-Unit. The lender would offer me an 80% LTV of ...
Hello everyone, All my life I’ve been dreaming of being a “landlord” it always sounded really cool to me but I was raised by parents who worked. My dad was an immigrant and worked for less than minimum wage and mom al...
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Hey BiggerPockets, Didn't think I'd find myself in this situation. We've been working with a mortgage lender the last few weeks and have already signed the closing disclosure on a $170K investment townhome. Our closin...
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Hi all,I am buying a massive 4 level row house in Washington DC and I will live in the basement apartment unit and rent out the six bedrooms available on the three upper floors. My questions are--1) Do you have the t...
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Hi all, i am building a new construction, a single family home to sell. This is my first real estate investing project. I hired a project manager to oversee the project. We agreed upon the time schedule and budget at ...
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When I first started with rentals I had to do everything myself now I have doing it for a while and would like to hire some of it out, I know it's easy to call a plumber when you have a leak or stopped drain and it...
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I know people often refinance from a 30 year to a 15 if they can get a competitive rate that does not dramatically increase the monthly payment. I am looking at doing the opposite. I bought a property (my first) with ...
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We're currently in closing on this property outside of Farmville, Virginia. We purchased this property from a friend that we have purchased from before. She has a HUGE portfolio (30+) of houses that are in significant...