Here's the breakdown of the deal:9 unit multi-family in B area. Purchase Price: $450KFinancing: 25% Down, 3.25% 5 year ARM, 15 year amortizedAmortized monthly payment: 2371 ($28,452/yr)Additional Interest Payment*: 26...
I want to do a cash out refinance and was wondering if I should it it two stages. Goal is to pull out as much cash as possible to use towards next deal.-Credit score is around 625. It’s low due to high utilization (&...
Greetings, I am new investor just getting in the game and trying to raise my own capital (not into hard/private lending at this point). I am secure with my pension and 457(b) plan that I don't plan on touching (still ...
I work as a bartender in New York City. 3 years ago I met an undocumented immigrant with whom we are now workmates and very good friends (We are both in our early 20s). He has always been a person focused on finance...
When looking at a house to rehab, how do you find the the EQUITY in the house?
Hello, Bigger Pockets community! Should I set up a DBA as a sole proprietor and open a separate business bank account for paying my mortgage and all property-related expenses?
I am in-contract for a multi-unit proper...
Hi, I'm interesting in putting the pieces in place to make a career change, starting out following the BRRRR strategy. I live in Irving Park and would like for my first property to be within a 20-30 minute drive (pre ...
Howdy,I've searched both here, on google and youtube - but I'm seeing so many different takes and just getting more and more confused. This website and the users here are often the best resource in the industry so I f...
Hello, first time investor here based in Atlanta! I’ve been able to locate a property off market and have been having conversations with the owner for a few weeks. He has agreed to sell me the home, but seems pretty a...
I am watching a property in auction.com , the property is located in Pa . On auction.com s tithe report , it says grade of the title : d . Title not recorded 90 days , fc judgement 90 days , fc mortgage 90 days , pend...