Dana N.
Purchasing House - Need Advice About Closing
Hi BP Community,Please advise:I’m in process of purchasing a house with a FHA Loan. History: Offer was accepted on 10/5/17, contacted the mortgage brokers who gave me a pre-approval, they gave me 2 one for conventiona...
Matt M.
Having trouble figuring out cap rate
Hopefully I have the correct category here... so I need help (please) figuring out my cap rate of these two properties (both sides of a double)1st one purchased dec 2015 for $23,100(cash), rehab costs $17,000 (cash). ...
Zimean Vickers
Cash out Refi Pros & Cons
Hi everyone I need help. What are the pros and cons to Cash out refi? How do you make your money or credit make you money? What should I be aware of? What would you do? The goal is to create income.I have 2 rentals $...
Solomon Simmons
How to get approved for a mortgage as an LLC with no income?
Here me out here. I am officially jumping in and purchasing a rental property but deciding to run as a Sole proprietor or LLC. The only issue is as an LLC, I must keep my personal finances separate from the business’....
Mia Edgar
New London, CT near Sub Base Multiplex Analysis
Hi,I'm new to biggerpockets and have been learning and absorbing as much as I can about multi-plex deals which is my goal. I will be moving to New London CT in a couple of months and have been looking for future oppo...
Nick Noon
Single Family to Multi Family
I am going to be doing a FHA loan at 3.5% down for my first property. Most likely a 203k loan. I have always wanted to take advantage of the low down payment and invest in a multi family unit - house hack. Unfortun...
David Alvarez
Newbie looking for first multi to house hack
Hello everyone, I am brand new to BP. I’m from south west Connecticut and am looking for my first 2 family (or more) to house hack. What kind of loan should I use? How much should I put down? Any tips or advice would ...
Joe Liu
Need help with creative financing!
Hi guys, so about 9 months ago, I picked up a house at auction (thats a long long time ago now that I look at it). Pretty much a nite-mare since then. Original costs to rehab were guessed around $25k. Once we got in t...
Darien Terrell
First Multi Family Purchase
Hi All,
I am looking to purchase my first multi-family property to owner occupy in the Akron/Canton area. My plan is to househack for a year and then transfer the property to an LLC after 12 months. I'm looking to p...
Matt Engle
Refinancing Single Family Investment Property in Pittsburgh
Hey everyone,My business partner @James Tassone and I have an single family home in Pittsburgh that we rent out. We are ready to start looking for our next property and are considering refinancing as soon as we are a...