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Hello Bigger Pockets Lenders and Investors!I wanted to see if anyone has experience with the new HomeReady mortgage program.http://themortgagereports.com/18653/homeready-mortgage-guidelines-interest-rates/In addition ...
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Hello,
I am new on the BP website. My wife and I started a rental property business in Hilton Head, SC earlier this year. Now we are looking to expand, as our first condo is renting really good.
In order for us to m...
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Hi everyone, I completed the purchase and renovation of my first rental property this fall. It’s rented out as of Oct 1. So my next step is to set up an LLC (in process) and then cash out refinance to fund my second p...
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New investor just starting out and looking for guidance. Buying a SFP for rental at $120K. Needs $50K in improvements. Improvements will take 2 months. ARV will be $220K. Using a line of credit to purchase property ca...
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I am just getting started in Statesville,NC and my question is, will banks lend primarily a FHA loan on a property that needs work? I am trying to do the BRRR method. I have not raised any private capital because i ha...
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Newbie here. I want to introduce myself and hopefully connect with everyone.Real estate always excited me! Still does, lol that’s why I’m here. Currently living in Atlanta, GA but I’m from Pawleys Island, SC. I bought...
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Hey everyone. I bought a duplex with cash in Memphis for $78k and spent $13k to fix it up. It rents for $1,400 total. I would like to pull out my cash and do a BRRR in Toledo.
I have been told by my lender that I n...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $165,000
Cash invested: $15,000
My most recent investment is a single-family home I purchased a few blocks away fro...
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I found and analyzed a property on Loopnet.com and was needing some second opinions on if it seems like a deal. Heres the address. 2717 S Sterling Ave
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Hey guys! I live in South FL and am planning on buying my 1st duplex. Should I apply for a loan as a 1st time home buyer or should I apply as an investor. I do plan on living there but only until i complete the rehab ...