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Hello everyone. Thank you for taking the time to read this, and give your valued advice.I’m looking to buy my first multi family unit, I’ve been looking into the Freddie Mac home possible loan program, and working wit...
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I'm rehabbing a property that I bought in Mesquite using Hard Money. The property will finish rehab Apr 17. Now, I want to refinance out of that property using a lender/bank. I'm working with a bank who will refi it b...
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I am very concerned and frustrated with the way my loan is progressing. It is very slow and my LO is very unresponsive. However, I am too far into the process to switch lenders now. LO was very responsive in the begin...
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Ok so let’s start with some background info, I’m a General Contractor living in Westchester NY, paying way too much money to live and looking to get out paying mortgage money in rent. Anyways I’ve found a property, le...
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Hi BiggerPockets,
I am a newbie looking to purchase my first rental property in the Greater NYC/NJ/CT area this year. I have a significant amount of interest from private investors and see myself being able to raise...
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Tell me what you would do.I am buying an STR and can pick between two lending options right now. I will detail both.--------------------------------------------1. The commercial loan: Borrowing $135,000 at 4.875% for ...
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Hey guys, I need your help clarifying something. Every time I listen or read something that relates to BRRRR, I see where it essentially says that it can’t be accomplished if the original financing is a conventional l...
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Good afternoon everyone,My wife and I are looking to pursue our journey towards financial freedom. We currently live in a one-bedroom apartment with a baby on the way. We're looking to move into a home early next spri...
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Happy Thanksgiving BP Community, looking into nuances of 203k loans and it seems like you can use construction funds for adding on, curious if anyone has had experience adding an ADU, or converting garage into studio,...
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I have about 60k equity that I can pull out to put down on a buy and hold rental..need advise on which option would be better to use..fixed equity loan or equity line of credit..thanks