Well, this is a new one for us. We're in the process of a BRRRR. We're doing a cash out refi from our hard money loan into a conventional 30 yr fixed. The property has been rented since December of 2020 and we have th...

I’m wondering if anybody else has had experience with the lender using the current leases and the rental income on a property that the buyer is purchasing Towards their income?

Greetings BP,

As I continue to learn everyday about RE investing...a new scenario always seems to pop up. I will do my best to explain this scenario related to the purchase, rehab, and refinance of a propert...

Hey Guys,I'm currently getting my real estate license in California for when I go to school out there. I'm in the last section of the pre-licensure course going over adjustable-rate mortgages (ARM). In the explanation...

Goodmorning Biggerpockets,*Note* I intend on consulting my actual attorney this week, but until I hear back my anxiety needs an answer.Basically I'm questioning if what I am doing is legal. It was the loan officers su...

Good evening!I have a property in Charlotte, NC with a good chunk of equity that I would like to tap into. It was my primary residence that I was house hacking. I bought another property with a second home mortgage th...

My wife bought a condo for 178K with a conventional mortgage (10% down, 4.25% APR) in 2019 before we were married. Then I bought a bigger condo for our primary residence in 2022 for 275k with a conventional mortgage (...

Hello! My parents currently have 250k in cash and they would like to buy a SFH putting 50% down. They own a town house with a mortgage which they do not want to sell because it would rent for about 2k and the expenses...

I wanted to see if anyone knew of a lender that does a 2nd mortgage on an investment property? Any recommendations are welcomed! Trying to think through how to access more of the equity in this property and redeploy i...