I am seriously considering taking a HELOC against my home and using it to start my flipping business, or possibly as a down-payment on an income property (but most likely flipping).

Would love to hear from those who ...

Hey all,First time poster and home buyer here. I've recently gone into escrow on a 3 bedroom 2 bathroom condo that I'm hoping to rent out a room or two to help out with mortgage payments. My only issue here is that I ...

Hello!Long time BP-listener, first time forum-poster here. I tried searching the forums for a similar thread, but I couldn't find anything on this specific topic. Not sure if this is the right sub-forum to post to --...

So I was a week out before closing on 2 unit in South Portland and the underwriter denied my loan. First of all I feel like the bank I used should have never had me pay for an appraisal if the suspected my loan wit...

Hi Everyone,I've been doing some research and I think that non-performing 1st position notes are probably the best place for me to start given my situation. I currently have 20k I could borrow from my 401k as well as ...

Hi everyone! I have a question that I haven't seen specifically answered in the forums. How does it REALLY work when you use someone else's money for a down payment? I guess this is a good problem to have, but I have ...

I was recently in conversation with a fellow investor who just started out, He explained his strategy for buying low cost multi-families is by using cash from credit cards when they offer o% for 18 months or whichever...

Good day to all,
Current Situation.
I have currently as of last week resigned from my current 100+k job(NYC). Reason family(be closer to son). I have found a job that pays 50k beginning, goes up over time(city agenc...

Hello,

I am a first time home buyer and I'll be purchasing my 1st house (primary residence) in the next 2-3 months. 
Value- around $400K
Down payment- $25KLoan amount- $375000Questions1) Since I am paying only 6....

An investor I know invested in a syndication deal with GPs from Brad Sumrok group. In fact, one of the GPs is a Brad Sumrok coach, and Brad Sumrok was listed as an advisor and mentor for the project in the OM. The apa...