Goal: Restructure existing debt, keep payment around the same, pull cash out for reinvestment purposes (thereby increasing LTV).How: DSCR loan / portfolio loan. Open to other ideas here, too.Current Situation: I have...
My husband and I may be moving back home to Chicago in the near future. This time around, we would like to house hack. The idea is to buy a 3 or 4 flat in a neighborhood that we like (we like a lot of them!)I think I'...
Hello everyone, I have a single family home that I just finished remodeling and I am considering renting it long term vs selling right now. Thing is, I would be moving far away from my home to help care for elderly pa...
BP forum,
I am looking to get into my first investment and have a few different strategies in mind that I'd appreciate some input on.
I am currently a college student, but have enough capital to make my first inve...
Hey Bigger Pockets members,
My name is Vinicius; I am looking into purchasing my first investment property. I work/live in Miami area and the market here looks very hard right now. I have been looking into the Miam...
I spoke to my very first mortgage broker today (referred by a friend) and as soon as we got on the phone I was immediately bombarded with questions about my situation while any question I had about our relationship wa...
I get email virtually every day from people who want to know where to find buyers for their wholesale deals. I see countless posts on here of people asking where to find buyers. So I figured I would put together most...
Hello BP'ers, I read an article by Alan Cowgill about how if you're gonna use a private lender for your project, you need a disclosure statement..He said in the disclosure you have to put that there's a risk invol...
Seeking a bank that offers a prImary resIdence HELOC (All In One). We use PLOCs for our rentals and they work very well. We don’t want a fully amortized loan but a simple interest HELOC. Any bank leads are welcome. W...
We are new investors and looking to put an offer down on our first property in the next week as a STR. My question is for tax purposes, are we hurting ourselves in terms of the qualification of materially participati...