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Hello all,
Quick and dirty:
I purchased an REO 3bd/1ba single family house in Miami-Dade County (Florida) in 08/2009 for $24,100. Sold one month later to long-term existing tenants (with a flawless payment history ...
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When purchasing a 20% down investment property, do you just have to pay cash for all the repair costs too and then refinance? I would just assume incorporate the repairs into the loan if possible?
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I was planning on buying properties and sell them using owner finance. Then, I read the Dodd Frank and SAFE acts and ran into a road block. I heard that you need a Mortgate Loan Originator.All I wanted to do originall...
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I want to make sure that I understand figuring private money correctly. Is this example below figured correctly? This is assuming no points etc... I would borrow for up to 6 months on a fix and flip and return the mon...
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I was wondering if i did a HELOC could i use that money buy any type of property or has anyone ever had restrictions when doing so. Also would a equity loan be better?
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So I made an offer on a property and I had preapproval letter from a HM lender, but the seller is not wanting to do a transaction where there is a lender involved in anyway. I have the funds to take the property down ...
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I’ve always wanted to know Interest only ? Or conventional ?
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BP, when would be the best time as a seller, to use seller financing? I know that one of the reasons some do it is potentially at the end of their career and want to avoid capital gains taxes. But aren’t capital gains...
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Dear Bigger Pockets,I'm in the process of getting pre-qualified, so I can get out there and start investing. There are many lenders all vying for our business and each have their ups and downs. How do you evaluate the...
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Been aggressively looking for a bank or credit unit that does a HELOC product at 100% LTV at an APR of 4.5-5% and Lends in IL. So far the only credit union I have found that offers the product Tower Federal and is pre...