I just purchased a property in Tampa today. Got it for 239k cash only deal. It can be used as a rental or an easy flip. Its a 3/2 1260sqft block home. ARV is 360k with estimated repairs being only cosmetic at 10k. Ren...
Is there a typical cost to refinance an investment mortgage? Would be refinancing a property that I currently owe 146k on and is worth around 200k so it will be 20%+ equity 30 year note.
Thanks
Hello everyone,First time posting on BP! here's my dilema: I purchased a SFH with a VA loan 3 years ago (before I started learning about this whole game). I want to refinance it to a conventional so that I can purchas...
How does "Seller Financing" typically work?
Hi, my partners and I are looking to buy a small to mid-sized multi-family property, but my one partner is also in the process of purchasing a car for $25K. To give you a background, he has no mortgage/rent payments, ...
Bigger Pockets community,I'm a newer investor looking for portfolio lender suggestions in the west Michigan area to partner up with. My main goal is to hopefully find a lender that has some flexibility with the down p...
I currently live in a single family house that I am house hacking with my wife. We bought it with a low down payment conventional mortgage. After being in it for nearly a year, we would like to purchase another proper...
Hi all - Sorry about the ridiculously long post. My close buddy is going through a situation where he's either going to have to walk away from his home, or to pay a $10,000 a month mortgage for a few years to get caug...
Bigger Pockets Community,Lately, I have been submitting offers to sellers asking them to carry ~25% LTV (i.e. the down payment amount). This allows less investor capital to be put down on a property while getting the ...
Looking at the Realtor.com's estimate for the properties in Jacksonville, it looks like the mortgage payment is lower than Rentometer's rent! For example, Zillow estimates one of its 90k properties to have payment for...