John Petersen
Intro - MF Lender looking to 1-4 unit BRRRR in Philly
Hello everyone! Excited to be a part of Bigger Pockets. Just read David Greene's BRRRR and absolutely loved it!Currently work in Multifamily Agency Lending, but looking to invest in 1-4 unit properties in
the Philad...
Account Closed
Refinancing a Fix and flip as a personal home
Hi,I'm planning to buy a 3BD/1.5 BA house (cash) and using 0 % apr credit cards for a year to finance the rehab costs. After the rehab is done, I would rent the other 2 rooms which gives me plenty of cash flow to pay ...
Alana Reyes
Starting Out/ Fresh Graduate Advice ( House Hack)
Hi, I would appreciate any advice in regards to my situation! Thank you in advance !!
I was hoping to house hack here in California 92507 (zipcode)
Here's a quick summary of my situation:
recent college graduate (...
Joe Ferguson
How does job change affect loan approval?
A new job opportunity was presented to me recently from a great company I have had my eye on for awhile. I just interviewed today and got the job :) At the same time I am ready to buy my first deal. I have been at cur...
AJ Dhillon
Good business income, no personal income - financing options?
Down Payment: $500k-1m (hoping to stretch this across the maximum # of properties as possible)Business Income: 300-400k net profit (Only 1 year of history so far)Personal Income: $5-10k a yearPersonal credit: credit s...
John Cushing
The plan to get the wheels turning
I have a rental property worth around 250k with 86k left on the mortgage. I'm planning on taking out a heloc of around 90k. Then I plan on flipping houses. I have a hml that is willing to put up 90% of the purchase co...
David D. Morris
Small house, Big land.
I'm looking at purchasing an 1100 sq ft house on 1 acre of land in a city currently being revitalized. The current zoning would allow me to build an additional home on this property.
I plan to rent both homes, the c...
Jennifer Hamon
How do conventional lenders view large increases in income?
This is my first post on BP and I am mainly still in the education phase of my RE journey so I appreciate any advice.I am married, age 31 in a HCOL area, and have:No debt of any kind (paid off student loans, modest ve...
Lori Martinez
Sellers of Commercial Property Want Me to Buy LLC. Need advice...
Hello,I am looking for some advice. I entered into a purchase agreement (with 3-4 extensions) to buy a commercial property from an LLC (a married couple and another individual as sellers). The current extension ends i...
Kevin Noesner
Inflation is a-coming. What’s your plan?
So with interest rates sure to rise and inflation well on the way, what’s your strategy? Pay down loans? Save up for the next drop? Just curious.
Personally I’ve tried to lock in interest rates as much as possibly a...