Hi All,
I purchased a loft along the belt line in Atlanta in May 2018 for $315,000. I put $165k down and currently owe $115k on the loan @ 4.75%. I will be leaving Atlanta with my fiance for 2 years while she complet...
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How do you decide what property to purchase? There are two properties for sale. One is fully rented and will cash flow around $300 per month. The other property is not currently rented but can be purchased with 10...
Hey everyone! Just had an offer accepted on a 6 unit in Detroit!!!! Now I need some help with reviewing/choosing the right loan. I've received three funding offers. The interest only one will be 8.5% (he forgot to att...
Hello everyone I am a bit confused on delayed financing and was hoping someone would shed some light on this topic for me?I will put some numbers to it to make it clearer. ARV $ 130,000.00 Purchase...
hi, I'm new to BiggerPockets and I'm starting my real estate investing journey. I'm based on Miami and the market it's super hight for buying properties, it's okay to look into other states to buy property or should I...
Pre-foreclosure or tired landlord?
Hello Fellow BP members,I am looking to buy a 3 bed and 2 bath basic home from a local investor. The investor mentioned that the garage was converted to 4th bedroom and they have followed the HOA guidelines. I did som...
I am trying to get a HELOC with a local bank. They gave me an offer 22k heloc with an automatic home appraisal of 112k of the house. I am fairly confident the house will appraise higher with a local appraiser my guess...
I recently signed a contract on the purchase of a condo unit in downtown Chicago. It was listed as FHA approved building. It was going to be our second home with our daughter living there. Applied for mortgage, since ...