Can anyone please give me their insight on a first position HELOC loan?
I have a program that allows high-equity property owners to sell a fraction of their properties' eventual sale price to buyers, simulating the sale of home equity. After quite a bit of work, I've got the investor side...
Ok, I'm going to use numbers that should be close.Let's say I have $50K after selling a local rental house that I have. I have various options.1) One lender says best bang for my buck is to buy a distressed house, say...
When I was saving for my first real estate investment, it felt like an uphill climb, but having a plan made all the difference. I started by setting aside a percentage of my income every month, treating it like a non-...
Hi everyone, Though it's rare, I occasionally see rental properties for sale where the seller is offering to do partial seller financing. I had the idea of trying to get a normal 80% loan with a lender but pairing th...
Hello!
New to investing, still trying to get my first property.
I was able to reach out to an owner who is selling his home in the hopes that I can get a better deal with Seller financing/creative financing versus a...
Hello BP, I'm a new real estate investor looking to do my first fix/flip in the DFW area. My main question pertains to financing; would you recommend utilizing hard money or my credit union for financing? My first fli...
Hello, BiggerPockets community,
I'm reaching out to gather your insights on the most prudent investment strategy given the current market conditions. With $20k in savings and an additional $4k monthly saving rate, I'...
Hello! I am a new investor looking to purchase my first property in Massachusetts or Rhode Island. I have built up enough savings to purchase a multifamily property with an FHA (3.5% down) loan or Fannie mac (5% down)...
With many seasoned real estate investors locked into low first mortgage rates and large equity positions, many borrowers and investors have been exploring tapping second position loans like home equity lines of credit...