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Good Afternoon,I'm looking at purchasing my first single family home in Philadelphia using all cash (approximately 75k). Once I do so how do I go about refinancing and getting my money out say once it's rented and cas...
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Hello. I am new to Bigger Pockets and wanted to introduce myself. My name is Alex Otten and live in Bakersfield CA. My wife and I recently purchased a duplex in Bakersfield and look forward to building a solid portfolio.
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Currently own a rental free and clear in the Fort Worth area and I would like to find a lender that offers a 30 year fixed cash out allowing 80% LTV. Apparently this seems to be a unicorn and hard to find or at least ...
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My brother and I are currently have a contract to purchase a triplex in our area for $134k. We are planning on doing conventional financing at 75% LTV which makes our down payment and closing amount around $40k. Ori...
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Just finished up a new construction BRRR and wanted to share with the community. The numbers breakdown is at the end.
Purchase Price : I bought a lot the $20,000
How did you find deal / negotiate: Driving to check ...
Currently I’m building spec homes on land that I buy with all cash using a construction loan that resembles a hard money loan with ~10% APR and points. My builds are fairly quick and have been completed in 2-3 months...
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Hi BP'ers:I have a need to obtain a line of credit on a free and clear rental property I own in Huntsville, AL. I have a HELOC from Bank of America on my Tennessee personal residence but they won't give me a line of ...
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Hi all,Been doing some research about the multifamily closing process and was wondering the following: Do your escrows for Insurance and Taxes come out of pocket? Or can they be included in the loan amount? How about ...
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So I made an offer on a property and I had preapproval letter from a HM lender, but the seller is not wanting to do a transaction where there is a lender involved in anyway. I have the funds to take the property down ...
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Hello all,Today I ask a hypothetical question. If I had a private money lender finance me on a downpayment of say $50,000 at 6% with agreed upon repayment terms, (1) How and what do I tell the bank about how I got tha...