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Hi guys, due to my credit score, most banks will not entertain me. Long story short, I'm able to buy the ABC property without any mortgage with my personal savings to start but of course it'd be wise to use bank's mon...
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I have house free and clear. Finishing my remodeling this month and want to refinance with DSCR loan. How to find a right credit union?
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For some background info I just closed on my first home using a VA loan . I’m currently house hacking and mortgage is covered and then some . I have a coworker who is eager to sell her townhome and she is willing to h...
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If someone draws funds from the HELOC on their primary residence, and uses them to pay down the principal on their rental property, is the interest paid on the drawn amount tax deductible under the rental property?
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Hello. I have been a part of Biggerpockets community for a few years. I have never made a deal. Was interested in wholesaling and flipping but never actually pulled the trigger. I read 7 years to 7 figure income. My p...
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I received an e-mail from a Lender I have been talking with, and was told the following ......" To determine the maximum improvements amount you will use 20% of the sales price.Example: If you sales price is $50,000, ...
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On November 2017, at closing date, my loan was for $145,000 and the original appraisal was $158,600 then LTV was 91% and I had to pay about $70/ month of PMI. The Loan Consultant said: no problem at zip code 80123 the...
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Situation: Unoccupied brick triplex (3000 sq. ft) in blue collar area of town. Landlord is tired of being a landlord. Has a growing family and wants to sell for what he has left in his loan-$60,000. I am trying...
Don’t you hate being lied to? I hate it when some “guru” claims
“No Cost, Zero Down, No Risk, But wait there’s more, we’ll tell you (on video or zoom) how to do this for only $xx,xxx. “ and the “community” will save...
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So let me give you some hypothetical numbers.I buy a house for $150k. Current value is $210k as-is. ARV is around $300-$350k. So I was told that I could do a cash out refi for $150k. That puts debt against the house. ...