Very new to me. HELOC Who else has taken a "home equity line of credit " in order to speed up the process of paying off home earlier. I heard you can pay off your home 5-7 years. New to me would like to hear some w...
Hello everyone!I'n new to this forum, so just a little about myself. I'm 24 years old and was born in the Bahamas. Currently I live in Southern Indiana and I work as a full time field engineer in the southern Indiana/...
What would you do?6 bldgs19 units1st bldg ------ 8 2br units 2nd bldg ------- 4 2br units 3,4,5 bldg ------- duplexes 2br/2ba6 bldg ------- SFH 3br/1ba Fully occupied $8,600 monthly rent average.In the neighborh...
I am collecting all my materials up for applying for my first FHA loan, ( only second loan period for that matter and first of greater than $9k) And he is requesting 2 months of bank statements. Which is fine. But mu...
Main reason for this is that I want to put in the work and learn the in's and out's of the business. Long term goal would be to find proper guidance through a mentor in my local area. I understand I have to add value ...
Hello everyone I just saw a property here CA that has need to detached garage with hard floors and an ac. I'm thinking about buying this property because I love the lay out and it was work for my house hack. The gara...
Good day fellow Biggerpockets members! So for the past 3 years all I have done is prepare for my real estate investing journey. I have tripled my income, built a strong credit score, saved money for a DP, read books a...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Anchorage.
Purchase price: $547,500
Cash invested: $5,000
2020 Year End Update:
After closing on the property, I immedi...
I often wonder why people would need investors if they have the money.If a successful flipper who makes anywhere from 70K - 150K a flip and who does like 4-5 a year, then why would they need outside investors? Wouldn'...
Hello,
Very new and my first post. I have a possibly silly question. General curiosity because I can't seem to get a clear answer. But on a preforeclosure whole sale, who takes care of the existing mortgage loan? ...