Thomas Nichols
Primary paid cash, HELOC or mortgage?
Looking for some advice and bigger pockets seems like the right group of people to ask. I currently own many rental properties and will be buying my primary residence with all cash. I will still have cash available af...
Jared Vincent
How do you get funding if you’re income is not “bankable”?
I’ve owned a home for the last 5 years, with close to $120k in equity in it. However my income was been low since I’ve been an entrepreneur the last 2 years. Credit is over 730+. $15k in an retirement IRA.
I found a...
Joy W.
Financing / DTI Question
Hello,Here is my dilemma. I'm a retiree. I've been in my home for some years, refinanced 3 yrs ago (no cash out) into a 15 yr @ 3% fixed rate with Wells Fargo. I'm interested in purchasing an investment property in th...
Chris DeMorais
Trouble Pulling Equity Out of Rental Property
Hi all!
I am new to Bigger Pockets. Love the content. I am bringing this situation to you all because I have exhausted all my known options and think this community can for sure help.To cut to the chase, I have a 2...
Cory Hinton
(FUNDING QUESTION) First Time Investor Looking At Properties
I've found a few homes that seem like great BRRRR opportunities, but I don't know how to go about funding the deal. These seem like great opportunities, but being a newbie I realize I could be missing a lot of why the...
Dreton L.
BRRRR VS. FLIP - Hold or sell
Morning! One of my properties in Vegas is driving me insane. I bought it a year ago and it basically breaks even right now. It can cash flow if I vacate the tenants, rehab it and increase the rent. I’d like to tap int...
Wilkerson Joseph
First property under contract. Advice on financing
Hello Everyone!After countless hours spent on locating, analyzing, viewing properties that matches our ideal guidelines, we were finally able to do so this past Friday! The property is located in the Wilson Manor subu...
Ephrem Bekere
how hard is it to refinance? What do lenders look at?
When looking at a refinance, what do lenders look at? Do they just look at the rental income and refinance it based on that? Or do they look a your credit score and your W2 income? As a 21 year old with 2 part time jo...
Patrick Gledhill
First Deal - STR Pensacola
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $190,000
Cash invested: $39,000
Contributors:
Caleb Drake
Turn-Key Air BNB in Pensacola in the outs...
Lawrence Walcott
Refinance options on Condo
Good Morning,
Looking for some advice and options on refinancing on a rental property. Two years ago we transferred form Washington State to Virgina, we bought a condo and put money down. Maybe not the best move but...