Anthony Franco
15/30 balloon mortage?
I'm looking into buying my first rental property, it will be a single family home. I talked with a local bank and their only option is a 15/30 balloon mortgage. It’s a 30 year amortization, but has a balloon payment a...
Don Chen
Current tenant want month to month after current lease expires
I have difficult dilemma with one of my rental properties. The current lease expires on 7-31-16. This is a great time to get a new tenant. The current tenant does not want to renew for long-term lease. They want to ...
Cody Coll
DSCR - Portfolio vs Individual loans
I have several properties I am in the process to cash out refinance after I completed the rehabs and got renters in. We have a good amount of refinances to put in place 8 ( 6 in one entity & 2 in another). I alway...
Jerell Edmonds
MF Investing 2nd property
Hey BP. I'm looking to get my next investment property next year . My strategy is house hacking /buy and hold. I recently got my gf into the idea of investing and she agrees on finding a 4plex or 3unit . The only issu...
Tom Kaz
30yr fixed or 5/1 on my second investment purchase
Happy Sunday BP!Just recently got approved for my HELOC on my primary residence and plan to purchase my 2nd 4-unit building and am pretty stoked about it! I've got two buildings on my radar and plan to see them this w...
Quoc Hoang Lam
New Dallas Investor - Any and all advice appreciated!
Hi guys,
My name is Q and I am very passionate about the entire world of real estate and RE investing and I am very eager to take action in wholesaling. I've been driving for dollars and I am wondering what are the ...
Miguel Romero
How do i get the amount that the bank foreclosed on.
So the foreclosed home was listed and the asking price is $97k. How do i find out how much is actually owed on the house (the foreclosed amount) so i can make a better offer and know im getting a good deal.
Jennifer Shearin
Keep hitting roadblocks
Three years ago I bought my first big rehab project for $81k, and got a 10 yr. construction loan from a local bank to rehab it. My interest rate is at 4.5% and I still have that loan. It's a historic house and I tur...
Nathan Bahr
New Investor in La Crosse Wisconsin
Hello biggerpockets,My name is Nate Bahr. I have been a long time lurker here on the forums and am finally looking to join in the discussion. Since I have been listening to podcasts and reading articles for the past...
Michael Eaton-Byrd
Owner-occupied offer stronger than LLC?
I am looking to BRRRR a fourplex in Saint Louis, MO. I was told that it’ll be competitive to acquire the subject property because it’s in hot area and bank-owned. Therefore, I should offer on the property as an owner-...