Drew Whitson
Did lenders change requirements January 1?
I have a friend who makes good money who is in the process of purchasing a second home and turning his current house into a rental. He was told new rules went into place on Jan 1 of this year which would make it very...
Account Closed
Structuring Deal When One Partner is Living In the Property
Working on a Duplex deal with myself and a partner. I am considering living in one side of the Duplex for a year, which is the minimum required to get a residential loan. I'd like the residential loan so we can come i...
Frank Kratochvil
Owner Occupant purchase of quad
I'm very new to BP and real estate investing in general. I would like to buy a quad as an owner occupant just to get started then study for the real estate exam and learn to wholesale to find my buy and hold pro...
Charlene Harper-Frazier
Hello..
I am a new investor just getting started. Basically I can benefit from any information that is given. First I would like to know if it is important to start my first property off in an LLC?Secondly...how to buy other...
Bishara M.
Househack #2 financing
Hello fellow dreamers and achievers!!I have a quick question, I’m curious how easy/hard is to get my second mortgage? I already got my first property this year and HouseHacking it currently, got a conventional loan, I...
Garret Myers
Mortgage loan w/ less than 2 years full commission
Asking for a coworker,What are the options to acquire a loan for someone with less than 2 years of full commission history? Previous line of work was in another industry.
Peter Kime
Four Plex Assessment Help
Hello BiggerPockets! This is my very first post and I'm very new to real-estate. I hope to gain some valuable insight on a deal that I'm currently evaluating. This seems like a nice opportunity to get started with my ...
Zachary Hadjah
Buying my first rental with Hard money loans?
In order to have extra cash to help me pay off my student loans, I just wanted to explore the idea of using a hard money loan in order to finance my first deal and then later refinance it into a conventional loan.
I...
Dustin B.
Cash Out Refinance vs Business Line of Credit
Looking for opinions along with pros/cons that I might be missing.Would you rather take a cash out refinance on a property to pull excess equity out (80% LTV)? Or is it better to keep the cash in and utilize a busines...
Marcus Burleson
Second rock in the (hopeful) landslide
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Richland.
Purchase price: $178,000
Cash invested: $50,000
Duplex, 3 bed and 1 bathroom per unit.
What made you in...