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After speaking with about 5 or 6 mortgage companies, I found one that was more than happy to do an FHA streamline refinance on my rental house. ($51k, 3.375% down from 5.5%). The companies that said no did so for vari...
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I am having problems with a past bankruptcy, what are some of the ways that you have repaired your financial record post-bankruptcy?
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When selling a rental property, is it usual/customary to reimburse the buyer the portion of the rent for the rest of the month after closing? For instance, if closing were held today, 2/16, would I need to reimburse b...
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Hi everyone , please I need help. I am a first time home buyer . No one I know has bought a house. so all these 3 preapprovals I have is driving me crazy. They have tried to explain but I still don't understand ,just ...
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I am buying a new set of apartments, I trued to look up if I could deduct the cost of escrow. The answer was you have to add it to your cost biases. Not sure what that means. Does it mean you have to add it all up a...
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Hello Bigger Pockets Fam, It's just your neighborhood investor with another question about the "Buy Rehab Rent Refi" strategy. I believe this will be my next strategy to use in my portfolio of investments. I have done...
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Remember 2006? No income, no assets, FICO score of 580, no down payment? Sure, we would LOVE to give you a loan. They are now calling it Non-prime which is probably more accurate. The requirements to qualify are ver...
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Hi EveryoneI’m just starting out and have a question or two about the Refinancing step of the BRRRR strategy. Buying a property.that probably wouldn’t qualify for a traditional mortgage with cash, private, or hard mon...
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How would I go about funding the closing costs? I need approximately 15k and I don't want to use credit cards. What are my options?
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Hey guys! I think I found a good candidate for my first investment property, but I wanted some feedback and what you think of my numbers.The property is a duplex where each unit is a 1BR/1BA. The total monthly renta...