Hello Biggerpockets Family,I am trying to buy a house in an auction and I see the house has a ton of lien (including a 40K lien from a car dealership). My question here is - if I win this property and get a "Special W...
Hi guys, I purchased an SFR using private money and am now in the process of doing a cash out refi. My goal is to be able to purchase more rentals but without having to use private money (since it's not always ava...
Hello, first time posting and have been reading a lot on these forums and will continue to do so. I closed on a home earlier this year. I bought it for 87k and put down 20% So my cash and borrowing is over for awhil...
Hello, everyone! I've got a question for you. In June, I purchased a house, and we closed the deal in July using a conventional loan. Since then, I've been hard at work fixing it up, and our goal is to complete the re...
Hi, I have flipped several properties over the last 5 years and held on to several. For my next flip, a friend mentioned using DSCR first, then if dscr not available, a bridge. Hard money has not required me to put an...
This would be our first property. Am I doing these numbers right?
Owner will sell for 215K.
Gross rents = 2600
Expenses and NOI = 1300 (50% rule)
P&I = 1121 @ 4.75% 30 years
If financed 100%, we'd have 179 cash ...
Okay,
So I am currently living in Charlotte, NC. I have a 3 BR 1 BA, around 1300 sqft. I am looking to rent this out and potentially buy another home. This is the first time that I have ever done something like this ...
Hello, BiggerPokets Community!
I hope you're all doing well. I have a concern and would greatly appreciate some guidance from those who have experience with FHA purchases, particularly when involving family members.
...
I will earn $25,000 a month wholesaling real estate deals. I will allow myself one year from my birthday to achieve this goal. I will give my children a home of their own and something to inherit when I pass on. I wi...
Hi BP!New poster but longtime lurker/reader/researcher. I live in Aurora, CO and currently manage two properties:A 2/1 condo in Golden, CO owned by my familyPurchased in 2006, I lived in one room during college while...