Long time BP member and done 3-4 flix & flips. Fortunate enough to have liquidated assets- what to do with 500k in todays market? In Denver, with 7% interest rates the numbers are HARD to make work. Please advise
Hey Everyone,Today I was at the bank and I saw a heavy push for Lines of Credit. (Home, Business, etc.) There were posters, ads on the tv, stand up signs, etc. I just completed my second Private Lending deal. I'm get...
I've owned a retail business for the past 13 years leasing only. Always wanting to own a space and build equity. My lease is up soon and I have found a property I'm interested in. I had someone I know offer to come on...
I recently came across a new strategy that I don't quite understand and it sounds too good to be true. The principal is simple. Use your heloc to pay your mortgage and funnel all your funds in and out of it like a che...
so I just got my HELOC secured here in Austin on my primary home through BBT. Man, it was a PITA and took a lot of time. It seems that TX lending laws make the process much more difficult than my friends in other sta...
Hey! New girl here! I have excellent FICO, really good income from full-time exec assistant job and lucrative but inconsistent part-time modelling and wanted to invest in 5-6 interesting properties. First, would most ...
Do you prefer to prorate the 1st mo rent or change the due date? I’ve always pro-rated the 1st month but now that I have property mgmt software it can easily keep track of multiple due dates. I have a tenant moving in...
Currently looking to close on 2 properties with 2 jumbo loans. Wanted to check with the BiggerPockets community and find out if anyone has any recommendations for getting the best rate possible and where to start look...
Good morning BP friends. I am currently looking to use an owner occupied loan to purchase a small multifamily (two-four plex). I have qualified for both 3.5% FHA and 5% conventional. I am aware of the benefits of each...
*DISCLAIMER*I know this question has been asked here before but I feel like it is one that is specific to each person. I did look through other answers as well to get an idea of what people were suggesting on the subj...