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I am a newbie to the REI world and I have been trying to "prepare" as much as I can with education and networking before my first purchase. I've been listening to podcasts (Bigger Pockets / Take Action - local to me)...
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Hello All,
I was just wondering. About a few years ago, I initially heard about Delayed Financing through Fannie Mae. It seemed like an awesome product. Recently, I'm assuming, since the pandemic these types of produ...
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Investment Info:
Single-family residence fix & flip investment in Phoenix.
Cash invested: $500
We always share the success stories, but it is good to share that it doesn't always work out.
Property...
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I'm looking into borrowing money from friends and family members via a promissory note secured by the property. I'm hoping to get some feedback and advice for this process and if there are things that I may be missing.
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Hi everybody, I decided to move my first steps towards real estate investing and was hoping to get some help in understanding my financing options.
I live in California, and I have the opportunity to purchase a multi...
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Hello! Currently own and rent 2 multi families (triplex and duplex). When we refinanced, my mortgage lender said we only had the option to do HELOC, not cash out refi. What are the main reasons for this? HELOC’s are ...
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View report
*This link comes directly from our calculators, based on information input by the member who posted.Last year in April I had my first deal fall through. It is a 3 story 2 bed 2 bath with ...
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A few days ago Joshua posted in the forum about using Marketplace. I think it's one of the most underutilized areas on BP, and have some suggestions - as I'm sure many of you do too. Such as:
1. Breaking down into s...
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Hey guys, simple question regarding “delayed financing”, which is the term for buying a house cash and then immediately doing a cash out refinance and obtaining a mortgage. I am a Realtor that’s been working with a ve...
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Hello,My wife and I came across a 4 unit multi use opportunity in NJ. It has 3 commercial spaces on the first level and a large appartment on the 2nd floor. We would live in the apartment. I was told I need 25% down b...