Andy Mejia
Seeking help in NYC
So I currently live in NYC and I have a little over 100k in capital. Since all the houses around here are so expensive, I decided that house hacking would be the best course of action since I can get in for 3.5% down...
Ivan Chavez
Buying a rental property
Just bought my first home in December. Next goal is buy another property for rental by the end of the year. Any tips on what strategy I should be taking on? Open to any and all tips/advice! Thanks in advance!
Jared Ebert
Buying 2 Apartment Buildings at Once
This is all very tentative, but I may have the opportunity to buy 2 multi family properties in a solid B, borderline A class, side of town. One is a 7 unit which matches the area. The other is a 6 unit which I would ...
Satya Nagarajan
Cash out refi - good idea?
Hey everyone, I was hoping I could get some input on this. I'm considering refinancing a 4-plex. I bought the property for $120K in 2016. The property is probably worth $190K now. Here are the details.
Current
Purch...
Kacper Scheibe
Cash Out Refinance Process
Hello, my name is Kacper and am 22 years old looking to BRRRR my first property. For the rehab process I have 50% saved up and want to use my 0% APR credit cards for the other 50%. I was wondering if that would affect...
Gabriel Padilla
To refinance or buy?
Hey guys, this is my first post on the bigger pockets forums! I’ve been doing some research online and watching a few of the bigger pockets podcast, and I love all of the content. But my question can’t be found on any...
Jon Quijas
Need Help Taking the Next Step - Financing Wizards Needed
Hey Team, My wife and I are teachers/trainers and novices when it comes to real estate. We own two properties (1 rental and 1 primary residence) in one of the hottest real estate markets in the Bay. Wanting to invest,...
Jason Clark
Am I running these numbers correctly?
I’m looking at an 8unit apartment building, 2bd/2ba each. Asking price is 359,000. Conservatively I’m assuming $550 per month rent. 1 unit is vacant. I expect about $80,000 in renovation costs. $439,000Rent $4,400Mort...
Tyler Stetz
Hard money Lending requirements
When approaching a hard money lender what are the most significant things they look at in a borrower. Do they look at your DTI ratio, do they require a certain amount of income based on loan value? Etc. I know they wa...
Rivy S.
Initial vacancy-- how to classify expenses?
When you first buy a property, and don't find a tenant until after the first couple mortgage payments are due, how do you pay for those expenses? Do you pay those out of your own cash, and consider those payments as p...