We have been under contract since 4/30 and doing a 203 k loan which requires more paperwork and takes a little longer. We are ready to close and have already come back from underwriting and just waiting on appraisal. ...
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Let's say that you want to buy land and build a fourplex, however, you are newly self employed, and you won't qualify for mortgage loans for another 2 years, since banks need a 2 year tax return history. However, a fr...
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Ok, If anyone has experience or knows about hedge funds I would appreciate some assistance. Ok, to try and make this short, I invested $20K into a hedge fund that was doing commodities investing. After making money...
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Hello everyone on BP I've been walking with some people and interested in possibly doing the brrrr strategy my only concern being full time flipper how I go from hard money loan part to the conventional loan part if I...
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Hi Biggerpockets family,
We are remodeling complete rehab, which is a big house 3,311 sq/ft, 4 bdr/3bath and a garage. We bought it to flip it, but had been thinking if it make more sense to brrrrrr it, I like brrrrr...
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The following is a hypothetical situation about investing in rental properties that I came up with in my head from what I already know. I don't know if its correct or incorrect, but here goes: Let’s just say I bought ...
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Hello,Been thinking about originating notes on mobile homes. What do you veteran MH investors out there think of doing park (chattel) homes vs land and home deals? How about when I go to sell front-end partials on t...
For the BRRRR strategy to work effectively, it seems you need to get all your initial invested money (purchase and rehab cost) back in the re-fi. Which means that you still need to find a really great deal on the fron...
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I must be missing something because I can't seem to figure out how people say that "take all their money back out" and invest it in another property. How do you qualify for another loan if you do a cash out refi or ta...
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So some time in January or February I will have some money. I want to partner with someone but not sure on the conditions I should set. I want a percentage of the profit but also want to make money on the money I put ...