Jeremy D.
$50k burning a hole in my pocket
Newbie post.Got $50k and trying to see what to do with it. SO and I LOVE DC and our jobs are mostly located in the Bethesda area. We are currently renting but want to start putting that money to work. SO is not a ...
Nana K.
is it ok to use line of credit / credit card to start
I wanted to know if its ok for me to start with a line of credit and/or a credit card. Line of credit interest rate is 9% of 50000. Credit card rate is 11% but 14 if cash advance, limit is 25000. I do now have a pr...
Adiel Arvizu
Newbie investor with questions
So as the topic states I have a couple of questions about beginning my first dip into real estate:I live in Jersey City in the heights. So I want to know if the heights is a good investment to make given the steep 300...
Robert Anderson
I Can't get financing for a flip. Great credit, great down payment. Any ideas?
Hi all, My name is Bob new to BP. I live in the Boston area, 15 minutes south of Boston. I am trying to get financing for my first flip, and have been shot down by 3 banks for a 30 year fixed rate ( not sure if...
Mark Singleton
Looking to Move to Denver-considering options for how to do it...
Hello! My wife and I are looking to move to Denver in the next couple of years. Being motivated by Brandon Turner moving to Hawaii, we want to live somewhere beautiful with mountains. We'd live there for 1-2 years and...
Cisco Hood
Why is my lender saying im supposed to occupy for 2 yrs
Hey bp! I talked to the lender who I got me my 5% down Owner occupy conventional loan and he is under the impression that I need to occupy the home for 2years before I can rent the property. After our conversation I l...
Nat Love
House hacking with 20% down??
So I was wondering, if I had the equity to put 20% down on a house to house hack, wouldn’t that be better than putting 3.5% down?
Rebekah L Bunn
Lending recommendations for quick purchase of new construction home for flip
Good day! I stumbled on a good opportunity and I wanted to ask advice about quick lending resources. A local builder overextended himself and he needs to unload a brand new SFH in order to finish his other projects,...
Nikki Dupoux St Jean
newbie to real estate and discouraged
So after speaking to tons of lenders and being shot down with the 30% down deposit and 9% interest on a loan that needs to have a minimum cap of 150k, how do I jump this hurdle and find a deal while all I have to put ...
Jerry D.
Cash out vs Heloc vs do nothing advice on financing
I am at a crossroads and need some advice.
My goal is to have enough income from my rentals to quit my job and manage full time. I think I am about 7-10 more houses away from acheiving this goal. Currently I have 9 re...