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Hello BiggerPockets Community!Looking for some guidance here.So I've been preparing to enter the real estate game for a while now and have been studying what my best options are for what I want to accomplish. Here are...
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Hi there, I am a newbie in Houston and looking to do a quick buy and hold property to test the AirBNB model. I am looking at properties that just need a little lipstick and rouge and not the full blown BRRR....right ...
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Hello,New to REI here and I am considering purchasing a new primary residence while renting out my current home. I am hoping to get some direction on the best strategy for my situation.Current home in a LA suburb- $7...
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Hope to find some help from the Bigger Pockets community!I have some questions about qualifying for another mortgage when I have outstanding mortgages on investment properties.So here's the scenario:
I am purchasing ...
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Hello there!My boyfriend is currently in a bit of a quagmire, and I’m hoping we can get some excellent advice here.He has found a property that he absolutely wants to purchase. This is a mixed-use building with 3 resi...
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Good Morning! I see a lot of conversation about HELOCs and HELs - but not a whole lot about a second mortgage as a option to get started. About me: owner of a primary residence, looking to get a multifamily (preferred...
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I am under contract on a short sale with Chase and have a very tight deadline for settlement mandated by the bank. My title insurance company did a search and came up with 6 open liens on the property, all but two I ...
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I'm thinking of buying this place and updating the kitchens and appliances to increase the cash flow. It is a duplex with 5 bedrooms 2.5 baths on one side and 3 bedrooms 1.5 baths on the other with a 1 bedroom suite i...
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This is from BofA. Close date 12/14. Cash purchase. Listed at $70k; they took an offer but fell thru. I was next in line at $55k. They countered at $68,800. The listing agent (who is also my agent) suggested stay at ...
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Hi all
I am not sure if this is the correct place to post my question.
I need some suggestions on a similar situation.
I own a condo in FL which is extremely under water. The current loan balance is $102,000 where as...