Account Closed
0% Down & be debt free in Sept. or use savings for Down Pay?
Background: 22 Years Old, Single- No Kids$30K Annually - Government Employee (Love my Job) Debt = Car Loan totals $6,600K and 2 School Loans that also equal up to $6,000KI'm on track to pay off my car loan on May 17th...
Rodney Harris
Rehab Loan Financing for Owner Occupied 4 Unit
I am looking to aquire another 4 unit building to move into this year. The fourplex I will aquire will most likely need quite a bit of work. I have looked at different rehab loan programs for 4 unit owner occupants an...
Chris Orcutt
Estimating Expenses of Buy-and-Hold in Inflated Market
Hey folks,I am hoping the community can provide some insight on the best (most accurate) way of estimating expenses (excluding mortgage payments) on rental property. I am aware of two methods for estimating expenses: ...
Gabriel E. Martinez
Owning an investment property before your own home
I am an renter, and I am in a hurry to start using real estate as an investment. I think I have enough savings to buy a small place, but nothing as nice and as big as where we live. (Actually, this is where we have go...
Trenton Carey
Buying a home before investing
Hello Everyone,
I am recently married and my wife and I currently rent a guest home from our family for 1,000 dollars a month all inclusive. We don't pay for the utilities, cable, internet, or alarm system. It's a pr...
Skylar Mcgee
Should my mom co-sign for my mortgage loan?
My fiancé and I want to buy our first house but she is on a leave and I’m unemployed due to Covid, we have a sizable savings account but no income at the moment. We need help getting approved for a fha loan or any loa...
Kyle Fitzpatrick
Refinancing on a Certificate For Deed- Springfield, Illinois
Hey Biggerpockets what is going on recently Purchased a house on certificate for deed with $300 principal only payments for 6 months and a balloon payment after that. I remodeled the home in 2 months and basically wan...
Razul Wallace
Cash out Refinance or HELOC
does anyone know a lender that will refinance or give a HELOC on an investment property if you've owned it for less than a year?
Brent Tatum
Recommendations on owner financing structure
I was wondering if some of you more savy investors could share with me what terms you would offer to a owner that was considering owner financing. The house is worth about 475k and rents for around $2200 and the owner...
Trevor K.
Give 30 days notice, or start eviction? (IL)
I purchased a fully occupied 4 unit in the end of April. One of the tenants has been late with every payment, and now owes for July, plus $45 remaining for June rent. The tenant is month to month, and I want them go...