Nader Hachem
Maximizing The Money I Have
I'm looking to get my first property and what i plan on doing is purchasing a property with 15% down, rather than 20% (the lender i work with will allow for 15%). I'm aware this will have PMI for a while but its worth...
Tony Shishido
[Investment Opportunity] Which option should I choose?
I’m presented with an opportunity to buy a car that’s worth $26k market value for $10k, $3k down, no interest, repayment whenever.I currently own a 7yr old car w/105k miles that’s worth equal the $3k down. I also have...
Brandon Bitz
refi for down payment. or total cash price?
lets say you have $300,000 in trapped equity and want to buy your first rental for $125,000. is it smarter to refi for 50K so you have a down payment plus emergency spending. is it smarter to refi the total 125K and b...
Jacob Eddy
How to Finance a Triplex when planning to make it a Quadplex
We recently went under contract on a Triplex for $380K and can get a conventional mortgage for a rate of 5% with a 25% down payment of $95K. The property has a shell that can easily be finished out, making it a Quadp...
Marisa Voelkel
Deciding - Hold or Flip
Looking for some advice. I have a property that we originally bought to flip in Southern WI (close to IL border). The ARV is roughly 180K+. Investment is budgeted for roughly 120K. 1) If we flipped, likely will get...
Mark Jones
Escrow a lease option fee?
Is it necessary to have the lease option fee go through an escrow account when putting a tenant buyer into a home? Specifically with sandwich lease options.
Perry K.
Real Estate Builder/Developer looking for DSCR 5/1 ARM lender
Hello, I am a real estate investor and developer in northern Florida and I am currently looking to retain some of the properties that we build as rentals. I was wondering if there's any consensus within the bigger poc...
Rachel Hertel
Newbie in Nashville, but maybe not for long?...
Hello all! I am living in Nashville, but I'm from Chicago. I've decided to join the Bigger Pockets community as part of my journey to financial flexibility. Having my son was a reality check. My husband and I have alw...
Susanne Rieth
Need advice about a refinance on an investment property.
Hi. We are looking to refinance our condo that we use as a rental property. We currently pay 1288 for our mortgage and it has a horrible interest rate 6.25%. We get 1600 for rent, and after our hoa fees - 550 we en...
Ali Horbach
Which to choose? 70% LTV @ 3.25 or 80% LTV @ 4.5 or 5
Curious what you all would do. In contract on a duplex investment property. (it is too close in proximity to primary to ever qualify for a 2nd home and is currently rented) Here are the financing options, all 30 yea...