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Results (6903)
Matthew Greco Using 401k for a down payment
24 September 2018 | 18 replies

Hey BPIt seem like an eternity ago I did this for my first primary home.After a break up with the GF, the plans to buy multi family have come to a halt and I need to move out.I'm looking mostly at co-ops and condos th...

Doug DeVore Is it better to mortgage one property or several? I paid cash.
1 July 2019 | 5 replies

Hello all - first time poster.  Been lurking for a bit and have even been to a meetup.I have a property with $400k-$500k in equity and have paid cash for another property that I rehabbed and rented.  I was planning on...

Myriam Joseph BRRRR with hard money
28 January 2021 | 6 replies

I am looking to use hard money with my first BRRRR in the upcoming months and I have questions regarding obtaining financing. Once you're able to secure a hard money loan, and want to "buy and hold" the property, if y...

Richard Cook Legal/Possible to use Private Money for an Owner Occupied?
18 October 2017 | 4 replies

Hey all, haven't been able to find the answer so hoping some people out here would help. Here's the story - we're moving to Panama City, FL at the end of the year. I own our home here in TX and will be renting it out ...

Alex Ng 100% LTV properties
30 June 2024 | 6 replies

Hi, I'm looking to scale my portfolio. I was thinking of purchasing small multifam 2-4 units with DSCR and using personal loans to cover the 20-25% DP. I choose multifam because they have higher cash flow. I ran some ...

Account Closed Thoughts on 5/1 Arm
17 July 2012 | 9 replies

Primary residence not investment. With rates at 2.875% on a 5/1 thiking of refi from 30yr. where I have 4.625%

What are reasons why or why I shouldn't do this. It would save me $400 a month in payment.

Thanks

Desmond Brifu Obtaining a mortgage
27 December 2020 | 4 replies

Hey BiggerPockets family, I am within 72 hours of closing on my first property! The loan officer called me yesterday and asked about a 40k student loan judgment that was just discovered. I’ve been in repayment/good st...

Woodly Tisme What is your opinion on Down payment assistance
29 November 2019 | 0 replies

I was talking to a loan officer and he had mentioned to me down payment assistance programs that they have where you will be assisted on the down payment and you will have to repay it with some interest. So now you wo...

John H. Plan to buy first multi family , don’t have hard cash
8 December 2019 | 8 replies

I plan to buy my first multi family property very soon. The problem is I don’t have hard cash. I How can I get enough cash to buy it? How can I get the lowest interest rate? I have some equity in my current house (es...

AJ Wong BIG HELOC Energy: Why large equity lines can be hard to get and what to do instead
7 July 2024 | 1 reply

With many seasoned real estate investors locked into low first mortgage rates and large equity positions, many borrowers and investors have been exploring tapping second position loans like home equity lines of credit...