Hello BP, is there any problems with taking a personal line of credit out and seasoning it in your bank account for a few months then using it for a down payment and rehab?
Example : I take 50k out on a personal line...
Hello Bigger Pockets community,
I'm a 24-year-old medical sales professional who is eager to begin my real estate investing journey with a fix and flip deal. However, I only. have a small amount of capital saved up (...
New landlord here. I recently purchased a fourplex in Killeen, TX. Asking price was $350K, but after negotiation, it went down to $333K. Down payment $87K. Each 2/1 unit is close to 800 sq ft. The neighborhood has abo...
Very straight forward question. Is anyone doing buy and hold in the Wyandanch area? I ask because I am pretty familiar with the area, live with in 15 minutes, drive through it on my way to work everyday and obviously ...
Since so many people just focus on wholesaling-I am just curious what is the average amount or percentage you can make when you do a rehab? I have heard people laughing about the TV shows like Flip That House because...
We found through home appraisal report and recent architect drawings that the home we purchased is ~200 sq more than what public records show (location: Greater Boston). Is it better to have the city update their reco...
After months and months of looking, putting in offers and things not working out for various reasons, my wife and I have finally made it to the end stages of buying a home. Definitely a marathon and not a sprint...
Changes That Will Affect the Entire Real Estate and Mortgage IndustryThe rules are changing for mortgage lenders. The consumer Financial Protection Bureau (cFPB) is replacing some of the forms used at closing and requ...
Hello,I am a landlord in California and I rented my SFH to a large family (8 people) about 2 years ago. In the past two years, I've had to address leaks in the bathroom, replace a refrigerator, replace a washer, repla...
You buy your first rental property and you have lots of equity to buy another, but you discover that your write-offs on the first property have lowered your income so much that no mainstream lending institution will l...