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Hello all , Newbie here trying to understand how many mortgages I will be stuck with. Let's say I have a million dollar home, with 500k equity in it. I would like to pull this out with a HELOC and put it as my down pa...
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How can I get the down-payment to buy an apartment building? I need 20,000 as a down payment to buy the building. The price of the building is 120,000. is there any finance companies that can lend money in Illinois.
Hello,I'm a big fan of biggerpocket podcast. This is my first post. I've lived in my townhome for over 5 years (great are great community) and my next door neighbor plans to sell her townhome in the near future. She's...
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I am new to BP I haven't even complete mt profile I apologize to all for the unprofessional approach but I'm in a difficult situation.I am a new investor I have a decent income no wife no kids trying to build wealth.I...
Help!!! I am trying to get a mortgage.. $85k max.. originally for investment purposes but circumstances have changed due to a death in the family. I've tried credit unions, local banks, big banks... no one will approv...
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I am new and looking to buy my first long term rental, something small looking 2 - 4 fam. Question is generally how much money do you have to put down? Or would you recommend to put down?
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First of all, I forgot there was a sub forum just for HOA issues. I LOL’d. Anyway, this HOA has been ignoring calls and emails of mine for months now. More specifically, the company the HOA outsources payments to. The...
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I'm becoming very interested in owner financing houses. I've been reading a lot about wraparound mortgages. Now I'm wondering if the wraparound mortgage can be avoided all together. Here's my thought:Do the first t...
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A few of the facts. Any help or suggestions will be greatly appreciated. Thanks!Hi David, As promised, here are the specifics:We purchased our house in 2003 for $332,000 with $0 down, interest only, and at a variable...
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Is it possible to open a self directed IRA but not use all of the money for real estate? I would like to tap into my IRA for cash without necessarily forfeiting my ability to buy and hold securities and mutual funds a...