I'm familiarizing myself with the foreclosure market in Northern Virginia, specifically Fairfax County and I have a question on obtaining the cash for purchasing a foreclosure at auction.
This may not be unique to on...
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Hi BP! I am looking at purchasing this property as a primary residence. I would be living in the property for 6-12 months before turning it into a rental; I have made my lender aware of my long-term plans for the prop...
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I was going to sell my house and use the proceeds to buy a new home and vehicle in my new town, but I have decided to rent it out, instead. I bought the place for cheap and gradually renovated it over the two years I ...
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Hi All,
My wife and I have are renting rooms in our home to get starting investing. My question is is there any benefit to having an LLC collect rent money. Bear in mind title is wife and I name and we have the prope...
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What are the basics that I should know about cash out refinance? What is seasoning period? Is there a minimum amount requirement? And any other things I should consider. Thanks in advance.
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I'm interested in taking out a home equity loan to invest in a property as a private lender. However, I am also about to start the the refi process on my house but don't want to miss this grand opportunity. Will the h...
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What’s up BP Community!So I am currently shopping for my 1st investment property! My Loans of choice that I am considering is a 203k loan or a Conventional HFA Loan. I was wondering and curious to seek information on...
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First time posting on BP but need some advice! I currently own a townhouse in Savannah Ga and I short term rent it. I bought the home a little more than a year ago for $168k with a 2.5% interest rate and now it’s wort...
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Hey everyone,So im currently thinking of putting a single family property under contract. Here are the numbersPurchase Price: $155,000Rehab: $70,000Arv: 325,000I recently House hacked my first property in New Jersey. ...
Hi All,
Long time follower, first time poster here. Thank you in advance for the feedback! I bought my first home in April 2021 and have been fixing it up myself/with contractor friends/other contractors. I moved in ...