Juan Montes
Newbie Investor Making a Change
Hey All, I’m an electrical engineer by training and have been working in the electrical utilities industry for 15 years.I’m tired of working for someone else! I would like to be more financially independent. Just rece...
Alex Smith
Interested in House Hacking but Limited Multifamily Options
I am looking to purchase my first rental property. Love the idea of house-hacking and the ability to use FHA loan. However, my area of CT has minimal options for multi-family homes. I am at a point where living with r...
Radha Shankar Kallakuri
IRA withdrawal in 2016, closing in 2017. Penalty question.
Hello everyone, I'm buying my primary residence in a few days, and I'm having to withdraw funds from my IRA for the down payment. The closing is mid Jan, but my banker is asking me to get started on the withdrawal ...
Brandon Hall
Need Three Tradelines to Validate a Credit Score?
Hello everyone,I am going through the mortgage approval process and though everything else checks out (good income, credit score, reserves) she is claiming that I cannot qualify for an investment loan because I only h...
Bobby Paquette
What are you doing in this current market?
What strategies are you doing in this market? Warren Buffet is betting on the homebuilders, mainly DR Horton and then Lennar, what are your thoughts?
Ismael Ayala Jr.
Traditional lending wth open HELOC
Would a unused, open HELOC affect my credit worthiness or increase the risk in the eyes of a traditional bank lender? I'm honing in on a townhome that's closer to work. I have 2 SFH. I live in one and rent the other f...
Mark Nolan
Lenders at 5-10% down on investment property
Hi BP!I own 3 multi-families in the greater Boston area (2 duplexes in Watertown, One Duplex in Brighton) and I'm looking to expand my portfolio.There are several properties I've been looking at where I can afford the...
Bryan Chavez
How would you invest 100,000?
First and foremost, I would like to greet the bigger pockets community. I am 21 years of age and currently in the process of obtaining my RE license. Although I have completed the education requirements, I have yet to...
Kaylee Bonacci
Owner Occupied Private Money/Hard Money
I have been reading these posts for awhile and have found them to be very educational. Someday i hope to be on the investor side but for now i need one. The short story...is it impossible to find private or hard money...
Amber McGill
HELOC on a shell property
I am considering purchasing a shell property from the city. I have a cash to purchase the property outright but need funding to renovate.Here are my questions:Has anyone used a HELOC to do this?Do shell properties act...