![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/35038/small_1621367776-avatar-bienesraices.jpg?twic=v1/output=image&v=2)
For those of you who use HELOCs for leverage to buy more properties, what reason do you give on the HELOC application? My application asks specifically what home improvements I'm using the HELOC for and asks for writt...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/579007/small_1621493026-avatar-daciaray.jpg?twic=v1/output=image&v=2)
Hi all, I'm working on my first multifamily deal(s) for buy and hold properites in upstate New York (well, Hudson Valley, so "upstate" is relative) and though I was looking for one duplex, I found two on the same bloc...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/979200/small_1621506715-avatar-joshpryor21.jpg?twic=v1/output=image&v=2)
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Evansville.
Purchase price: $143,000
Cash invested: $21,000
Duplex house hack, rent pays my mortgage plus $250.
W...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/98971/small_1716486566-avatar-sensefinancial.jpg?twic=v1/output=image&v=2)
I received a loan offer today from Brookwood Loans... They offer small loans up to $3,500. They are charging rate of $96%!!! I had no idea that it was legal to charge such high rate. In three years you are paying back...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1579598/small_1621513866-avatar-jasong400.jpg?twic=v1/output=image&v=2)
Thank you guys in advance for any guidance! I posted several months ago about buying my first investment property, a 700 SF 1/1 house I was buying in Long beach that is located in a R2 zone. We are signing the purch...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1044275/small_1621508001-avatar-andreac71.jpg?twic=v1/output=image&v=2)
I finally found a deal. I analyzed it over and over. Did the worst case scenario numbers and it still worked. Contacted a realtor to make an offer and someone beat me to it. I’m so bummed. I know this happens all th...
First timer. So decided to come direct, I have read many post and found great advice to others.I’m looking to find a resource on VA pricing and at what point do they drop the price.VA purchased the house for 291k the...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/691743/small_1696089715-avatar-michaelb478.jpg?twic=v1/output=image&v=2)
Ok so I have posted on he formulas before, however some quick background info. I'm 20 years old working full time and have a decent income, for my age at least. I been around rental properties my whole life(parents an...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/863311/small_1656605841-avatar-jjcrizo.jpg?twic=v1/output=image&v=2)
Has anyone here come across a situation where you learn a registered sex offender owns a MH in a small park you had under contract? What now? Guess it is time to add a "check for registered sex offenders" to the eve...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2635214/small_1695258523-avatar-kolbym9.jpg?twic=v1/output=image&v=2)
I have found my first house posted at 200k and I want to try and talk him down to around 180-190k to have a 10-20k profit margin. What’s the next step I should take after finding a house and seller. House is damaged p...