Lawrence Potts
Owner Financing Balloon Payment HELOC?
Hello BP members,I am looking for information regarding owner financing and title transfer when facing a pending balloon payment. My understanding is that one would simply cash-out refinance right before the balloon p...
Mike Reynolds
Ethics question about a sale
There is a property for sale I think I want because I know the property well. I know the capex and the income. It went on the market with a local realtor. The owner is a friend of mine. How ethical would it be for me ...
Johnny Quilenderino
How are Baltimore BRRR's going?
Team BP, I know the city of Baltimore is have a backlog of recordings for sales of property.1. Recordings are backlogged in Baltimore 6 months at the moment.
2. How are BRRR's getting their refinances done?What are y...
Arionna Knox
Looking to make the first step in investing
Hey everyone! I’m new to the real estate investing world! I’m a retired veteran and soon to be mom of 2. I’ve been studying real estate investing for some years but finally looking to make the first step to a great de...
Account Closed
Cash out refi
Hi All,
I am new to BP. Purchased two rentals last year that have great equity in them. One is completely paid off and the other is 70% paid off.
I have contacted Wells Fargo for HELOCS on these properties but was ...
Colby Zeller
When should I get pre-approved for a loan ?
Hi, I've recently been looking into loans, and approval for loans. The one question I have yet to get answered is when should I go to a lender to get pre-approved. I plan on buying my first rental property towards the...
Jordan Hamilton
- 1st deal - Should I have co-signer?
Hi everyone,I have spent the last 6 months saving about 60% of my income so I could finally move forward with my first multifamily property. I saved 30k and plan on using FHA loan to house hack one of the 4 units (loo...
James Bowerman
First Investment Property Under Contract in Maryland
After several months of preparation and searching I've finally got my first property under contract. My goal is to rehab and flip the property within 3 months. Any feedback would be greatly appreciated. Here are the p...
Hunter Keith
USDA Loan Rental and FHA Primary Residence House Hack
Hello Everyone,I’ve listened to every episode of the Real Estate Rookie Podcast and about 100 episodes of the Bigger Pockets Podcast. I feel like I have the basic knowledge to finally get started and escape my analysi...
Viral Patel
Second Home to investment
Hi all,I bought a new construction with second home intention and my loan qualified as a second time. Lender approved loan fo final closing. My closing got delayed last moment due to lot of pending repairs on the hou...