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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...
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...
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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...
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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 ...
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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 ...
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
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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...
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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...
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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...
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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...