Lauren Lewis
First Time Homebuyer Looking for a House Hack
Hi Everyone,I'm brand new to BP and looking for some advice from you knowledgable folks!I'm currently a renter, looking to buy my first home when my lease is up in the spring. After reading "How to Invest in Real Esta...
Jon Menaster
Fannie HomePath Listing Agent Frustrations
Hi there,I'm in NYC and looking at HomePath properties. I have had numerous issues with listing agents that represent Fannie with these properties and am trying to find out if this is just the norm or if I'm running i...
Account Closed
purchasing home, have a question on do i need a realtor?
first a little background- So we found a house we like through a family friend. Are intent is to buy the house, live in it and fix it up over 2yrs then either sell it or rent it out. Either way it will generate m...
Andy Ballester
What do I need before I make an offer.
I want to make an offer on an owner occupy 4 unit, Obviously I need pre approval letter which I have, also offer is 15% lower than asking price. Im thinking a verbal offer may not go to the seller, so I always here...
Jack Srimani
How does one get loan for renovating a property for flip
HiHi,
I just checked out a property. This is a bank REO SFH. I am pre approved for the loan to buy this house. However after the purchase it will take around 20k-30k to make renovation in order to sell this house at a...
Matthew Holland
Getting out bid on first time deal
Hey everyone,
First time investor for mutli-family and I've been trying to take a position on some deals in the Savannah, GA market and every deal I am coming across is getting about 20 offers with the majority abov...
Hnin Thiri
newbie first rental property
Hi BP friends.I am new here.I learn real estate about 1 year long.I just sit on my anxiety rocking chair.After reading a few roofstock case studies from BP,finally I made my first decision.Thanks 🙏 to whoever share th...
Tim C.
HELOC or Conventional Financing?
Hi BP,I am looking to get my feet with an SF investment property this year and have a few questions about getting financing from the bank. Question 1. I own my primary residence free and clear and it is worth $75,000....
Shannon K.
Purchase Contracts: Which Happens First?
I’ve been browsing BP and researching a lot… How do others put a property under contract FIRST, then secure a HML/private equity/crowdfunding for financing AFTER? (I had a pre-approval letter in this instance). Still,...
Mike Bonadies
Direct Lender vs Bank Lender
Hi BiggerPockets!I have a question about Direct Lenders vs Bank/Broker Lenders. I'm a rookie and I'm trying to pick up a multi-unit/english-basement house to in order to save on my mortgage expense and get some PM exp...