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Newbie with one rental property under our belt. Was rented before we even finished the rehab (yay). Now trying to fund a 2nd property and wanted to use the 1st as "collateral" using the equity in it. Not talking high ...
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Hi all !I own two rentals mortgage free. I am unemployed other than my rental income.If I walk into my local bank , how would I proceed with this? I would like to pull out the equity value from one of my rentals. Ho...
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Hello,I am 20 years old and have saved roughly $50k cash to start investing. I'm looking at Worcester in Boston, Mass. Would anyone advise using the FHA loan for my first property? Obviously, I'd have to live in one o...
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Does anyone have a recommendation for institutions that will refinance a rental property under a LLC, for a fixed rate, 25-30yr term? I called all possibilities locally in Hunterdon County, NJ, and can‘t find any yet....
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Basically I’m a newbie and would love your feedback in regards where to start in the real estate investing business. I live in Southern California and would like to capitalize on the market here.
Thank You
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I think it was JScott who only sells his rehabs to those who qualified for conventional financing and not FHA. It was my understanding that he did/does this to avoid FHA's 3 month seasoning.
I could've misund...
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Hello Bigger Pockets Community! Looking for some advice on my first property, and how to use it to achieve my next goals. Around 6 months ago i purchased a small duplex, which i live in half with my wife, that we have...
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Consider this excerpt from the legal notice I pulled from our local paper (I left out the pieces that are easily understood like 10% cash due at sale, etc ):... in order to raise the principal sum of $137,040.05 with ...
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Hello BiggerPockets family! I am new to investing in real estate I’m currently renting my SFH out right now while I do some travel nursing around the country!
I want to get started in Brrrr’ing my first multifamily ...
Investment Info:
Single-family residence other investment.
Purchase price: $30,000
Cash invested: $64,000
Sale price: $116,000
Restoration of Craftsman home, removal of one wall and flip breakfas...