Patrick OLeary
Advice For a Newbie
Hello Bigger Pockets family, I’m 23 years old and about to graduate from a university in the Midwest come this May. I’ve been wanting to invest in real estate for a couple years now, but have been putting all my energ...
Tim Johnson
"no-neg" ARM vs "neg-am" ARM????
I would like for people with experience to explain the difference between these two, and give an example of when it's best to use one over the other when getting a loan. Thanks.
Mike Schorah
Can you cash out refinance a HML into a DSCR loan?
If I paid 25% down to get a hard money loan and lose my job for whatever reason before 6 month seasoning period, could I do a cash out refinance with a DSCR loan, get another job and keep BRRRRing? Or what other optio...
Brandon Kargol
Offer Failed, On To Seller Financing… Need Help!
Okay so here's my situation… I have a lead I made an offer on which was refused (not surprised). Here's the numbers.ARV: $125,000Repairs: $20,000Seller Asking Price: $85,000Seller Owes: $76,000My Offer(which was refus...
David C.
How are PML/HML's handling the insurance crunch?
I have a note in FL, borrower isn’t paying the insurance, too expensive, I guess.
Borrower is very abusive and uncooperative with loan servicing … I’ve given up trying to work things out with them. I don’t want to...
Jent Botterman
Can Equity within an LLC be used for personal Debt?
Hi All,This question is multi-faceted. So, I apologize in advance for the barrage of questions.
I have a SFH, free and clear, that rents for $1,200/month. It has never been vacant. Before the interest rates make ano...
Stevenson Alexis
Refinance rate 10.5%?
Hello, I am currently looking at doing a cash out refi on a rental property that I inherited. I recently renovated the property and put about 15k into remodeling bathrooms, floors, paint, etc. This property has no ...
Robin Jones
How do you get out of a flip that’s not selling?
I have a property that has been on the market since November in Spring, TX. Took a hard money loan out on it to cover purchase and repairs. Hard money loan is about to expire. I know what my lessons learned with the p...
Cole Ruoff
Veteran from Columbus, Ohio Getting Started
Veteran from Columbus, Ohio Getting StartedHi everyone, my name is Cole Ruoff and I have zero experience with real estate. I’m from rural, Ohio and reside in central, Ohio. I am a graphic designer for a large company ...
John Semioli
Refinance Options for STR when loan-to-value ratio (LTV) isn't enough
Hello, community! I’m looking for advice on refinancing a STR property in Pennsylvania. About a year ago, I took out a mortgage and recently added significant value to the house. However, I’m hitting a roadblock wit...