Robert Courtney
Input requested on a deal
Sorry for the length. I've been silently following, listening to and reading Bigger Pockets material for 2+ years but don't believe I have posted anything. I've been looking for a duplex for quite some time. I was pre...
Nicholas Anderson
BRRRR Deal Analysis - What Am I Missing Here?
Hi Everyone,
For some background,
I have access to short-term private money at 3% and long-term financing for 80%
of LTV at 7%. Based off of the private money I have access to, I would be able
to get into a deal...
Scott W.
principal paydown question
i don't see any chatter on here about the benefits about principal paydown.
if someone's had a house for a while & the principal applied is $300, $400, $500 per month that IS increasing your net worth ASSUMING th...
Jason Baker
Seeking Direction/Guidance to Level Up Portfolio
Here is my scenario. I am a licensed Realtor in Volusia County, FL. I own two rentals in New Smyrna Beach, FL that bring in $5k monthly in gross rents. They are newer homes, less than two years old and they are free a...
Jeff Daring
Requirements for conventional - using income from rental
I was told by one broker today that I wouldn’t qualify for over a certain amount on a property because first time buyers with no landlord experience cannot use the rental income from the properties towards their quali...
Paul LaSpina
Refinance as an LLC?
Purchasing property for cash. Using private $$ loan for rehab. Will Refi after rehab and/or Seasoning. When going to apply for rehab will lenders allow refi in LLC name? Does refi have to be in personal name?
Sanjiv Mehta
Financing options for SFH rebuild in San Jose area
I got lucky with a SFH and got it much cheaper than appraised value in Aug 2020 for $1.8M. Our plan is to demolish the house, build a new there, live in it for 2 years and then sell it and get the $500k tax exemption....
Marlan Jones
Homepath Investor Financing Question?
Hello All,
I have located a property I am currently interested in purchasing as an investment property via the homepath website. It has the homepath mortgage logo so I assume it is eligble for the homepath financing ...
Tommy Carey
Gift of Equity in exchange for freeing parents of Mortgage.
My parents are retirement age and my father has had to continue to work despite his declining health to pay off the remaining 100k of a refinanced loan they took. They want me to take over the loan and in exchange w...
Sharetha H.
Flipping a house that we don't own...how would this work?
Hi Everyone...
Working with a partner on our first flip. We don't own the house (a friend does), but we are putting all the money into the renovation (the friend is carrying the mortgage on the property). My partner a...