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I am a realtor out of Jacksonville, Florida. My mentor has agreed to provide me with the funds (up to 25% and the rehab costs) to fill the gaps for a commercial loan so that we can buy an apartment, anywhere from 5-30...
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Background: The economy is on a tear, but trees don't grow to the sky. At some point, it will over-extend and go into recession when financial commitments default.Last time, the trigger was a default on home mortgage...
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After reading the book of the millionaire real estate investor by Gary Keller, where it says to track your net worth frequently, I started few months ago to track my net worth and see it how it performs during time. I...
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so, I just finished reading the ultimate beginners guide to rei and how to invest in real estate with no and Low money down. My credit score sucks and as I'm brand new to this industry without any feet in the door I s...
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Hello everyone. I’m graduating from Eastern Illinois University in the summer and am very interested in getting started in real estate investing. I have been listening to the Bigger Pockets podcast and reading as much...
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I found a property that is scheduled to go up for auction on Tuesday 11/22/22. Looks like it has been postponed once.
The house is paid off. It was last sold in the 80s for 172k.
BUT an equity loan was taken out on...
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I am currently purchasing a property that has a Freddie Mac loan assumption available with 4.82% rate, 9 years remaining and 30 years amortization. The income and LTV can cover another 2nd loan as well. I am wondering...
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Hi all,
Just joined BP recently after a lot of lurking so hello! I bought my first SFH 3 bed 1 bath this past fall directly from the previous owner. I bought the house for $105k and many comparable homes in the area ...
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Hello Everyone!My name is Matt, from New Jersey. I am a rookie real estate investor looking to purchase a small multi-family home to house hack with an FHA Loan! I just finished reading The House Hacking Strategy by C...
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Hi everyone. I'm hoping you can help me find some good DSCR lenders and give me an idea of the going rates? I was quoted 9.75% for a DSCR on a rental property recently. Is that average? High? Low?! As I am shopping, w...