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I'm new to the forum, and wanted to say I've found it to be a great resource!Quick question on an issue I'm facing: I own a 2-unit building in San Francisco, that we "condo-converted" into 2 condos in 2013. We continu...
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Hi all! I read a comment that included an interesting strategy on another post that said the user got a HELOC that was 100% LTV and I was wondering if that's something that still exists. Does anyone know of a lender t...
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I'm just brainstorming, and this is my first post, so if this sounds crazy, I apologize in advance. Tell me if this could work:
1) We're all familiar with the advantages of buying properties for cash. The drawback ...
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I would like to know how much goes to a lender and how much goes to a real estate investor on a Fix N' Flip loan. For example, if the purchase price of the property is $300,000 plus the rehab costs are $81,550 and th...
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Hello fellow bp peeps.I have one rookie question that I'd like to bother people with.I am currently looking for my first property, and have been talking to wholesalers. All the listings have "cash price". I am wonderi...
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I have the opportunity to purchase a small apartment complex. Current ask is $275K.
Total income for the complex is stated at $34,905, total expenses are stated at $17,388.40. I have only been given a basic break...
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Tis the season for taxes! And here I sit wondering how the heck to go from here....I’m a self employed contractor with MANY areas that I can deduct in come tax season. Obviously I want to get this income number as cl...
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I want to get quotes from multiple lenders to get the best rate. However all of these agencies are telling me they need to run a hard credit check. I’m afraid if multiple runs are made on my credit then my score will ...
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Hey BiggerPocketsSo currently have a decent chunk of equity in my rental. It has a good tenant in there currently and is cash flowing about $300 a month. I asked and if I refinanced I would have a worse rate and add...
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Im looking to close on my first real estate deal... It will be a "buy and hold" 4unit... we are putting together creative financing and Ill need an additional $7k to make the deal happen... and I will make consistent ...