Hello, I am on Bigger Pockets today because I have decided Real Estate Investing is what Im trying to do with my life. I'm not positive the direction I will take but am continuously thinking of how I am going to break...
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...
I’m wondering if anyone has any info on using an asset based lending company like Visio? I’m at the point where the income I have won’t allow me to get a mortgage with the banks. The person at visio said they don’t re...
So I'm looking into investing in a duplex with a close friend and I'm not sure how to go about the deal.Here's what we're thinking: he finances the loan, and we each contribute 50% of the down payment (around $18k eac...
Hello,I have been a member of BP for a few months already. I have read tons of books. But I have yet to jump in and actually buy a property.From all I have read and heard on podcasts etc, I realized that perhaps an FH...
I'm a new brand new Real Estate Investor. I did my very first deal this past month. Bought a SFR (4-2) with a tenant already installed and approximately $450 free cash flow before repairs and Capex. I'm banking all...
Hello all,I currently live in Atlanta, GA, looking to move to Birmingham, AL this summer when my lease is up and buy a duplex to live in half using an FHA loan for my first property. I've done the research and found o...
Hi BP members,I am a newbie, aspiring investor in RE. Here's my situation:I own my residential house, located in Laval (Quebec), appraised at 350K, and still 50K left of mortgage to pay. With the current reimbursement...
A little history on the transaction - a Triplex with asking price of $235k, I offered $215k and the seller has countered with $225k. They have been trying to sell since May 2019 and initial price started at $295k. T...
I currently have a contract on a 4 plex and I need help with financing. Any advice anybody? Thanks in advance