Yomato Ugo
I just got rejected by Chase because of low income now what ?
Hey Guys,First post on Bigger Pockets, been lurking on podcasts and what not.Anywho, I just graduated college have an accounting degree making about 45K in NYC (kinda low but working on CPA). Anywho I have about 350K ...
David Wolf
Why Every Wholesaler Needs Transactional Funding In Their Toolbox
If you don't already know, transactional funding is a type of funding used by wholesalers to complete double closes if you don't have enough cash laying around to buy and sell a property in the same day. Most wholesal...
Brady D'Hont
Creative financing, no money down??
After getting under contract with a property using only my personal savings for the DP., i still have this momentum and energy to acquire more properties (but with lack of capital). Understanding how to get creative w...
AJ Wong
Why, How and When (Not) to use seller concessions or rate buy downs for acquisitions
Seller concession, or no seller concession? That is a question.
What is a seller's concession, some may ask?
A seller's concession is a portion of the transaction that the buyer finances, with permission from the ...
Cliff Rosa
Should I get another credit card?
I want to have all my ducks lined up in a row when I get back from this deployment in Iraq in 10 months to start flipping homes. Right now I have 740 FICO score. I only have 1 credit card with Chase and that is at $35...
Ross NA
Realtor says the bank appraisal can tell home value...
Currently, my spouse and I are renting an apartment. I found a home that is unoccupied by the owner that has an asking price of $148,000, but I know from comps that similar homes sold recently for about $133,000 or so...
Phillip Beatty
Beginning to have choices
Hi, I bought my first property in March of 2005, while I was in the military. Since then I was fortunate enough to purchase an estate of three properties (6 rental units) under one mortgage. These properties have more...
Julien Jeannot
Best type of Property to House Hack for first time home buyers - Duplexes?
Curious on your opinions.
I've started my journey in the expensive Seattle market and found house hacking a duplex gave me a tremendous boost as my first property.
The top 10 advantages that played out quite well:
...
Robert Sprague
Using HELOC to buy property in cash
Hello I am currently in the process of buying first rental property and I have secured funds using a HELOC. Was wondering if I use the HELOC to pay for property in cash then get a conventional mortgage to pay back the...
Scot K.
Sorta Newbie Columbus Ohio
Hi, I'm Scot. A few years ago I bought my first home/rental property here in Columbus. It's an all brick duplex with 2 bds, 2bth units. I'll be honest I didn't get a deal on the property or the financing. I paid 99K f...