Jonathan Wiesniak
Renting out primary and buying new house
I own a house in South Florida worth about $650k. We are planning to rent it out and move to Massachusetts. I Have about $320k in equity. mortgage all in is $2600 / month and a conservative rental estimate is $3700-...
Jake Peetz
Multifamily Refinance/Consolidation of Renovation Debt
I am nearly complete with my first multifamily purchase and renovation. 12 unit in great area of Jacksonville, FL. I have seller financing on the purchase and funded the renovations through personal credit line that...
Account Closed
Seeking Advice: Starting BRRRR Method with a New LLC in Birmingham, AL.
Hello Everyone, I'm looking for some advice on how to get started with real estate investing using the BRRRR method with $50,000 to start, particularly in Birmingham, AL. Here's my situation:- Experience Level: I’m a ...
Account Closed
Advice sought on financing $40K property
Hello Bigger Pockets!This is my first post here, although I have done much reading and learning over the past several months.I am getting ready to make an offer on my first investment property. This is somewhat out o...
Cody Smith
Invest now with debt, or invest later debt free?
Hello BP community, quick question for ya. I am a new investor, soaking up all the information I can and building my business plan. I have two paths I can take to begin investing, wondering what you guys think or sugg...
Amby Bhagtani
Appraisal Amount Increased
Hi - I am in the middle of closing a commercial property. The broker that I used initially quoted an appraisal of 650, which I paid. A few days later the broker said the mortgage company is asking for 2500. I am a lit...
Robert Walters
Loan Denied For Too Few Comps
I am attempting to purchase a tri-plex in a somewhat small town. After appraisal, the bank has determined there are no comparable properties and thus no basis for the valuation and have denied the loan. This was a sta...
Alvaro Rodriguez
First Time Buyer and Obstacles
HelloI am currently finishing my MBA which consumes all my time. I have around $60K in student loans. With these two constrains, which option should i go for? Would it be better to buy a fixed house to live in it and ...
An Nguyen
Cashier's Check from unrelated donor used for investment property
Good day everyone, My wife is looking to get a loan under her name for a duplex with inherited tenants. We are a little bit shorted for 20% down payment and we are asking some friends to be donor gift check. Would ca...
Elle Oliver
whats the owner finance process as a wholesaler
I have a commercial property under contract at $220. Its CAD value is $363k. The owner owes $225k in back taxes and loans. They are about to be sued for the taxes. As a wholesaler what can i do? Owner finance? If so d...