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Looking to buy third income property and need help analyzing it.Property Details-Asking price $565000. (Lets say the bank doesn't budge and I buy it for this amount and seller pays closing costs).Multi-family 2 unit 1...
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And borrow the rest from conventional bank? I was considering raising 20-25% from PML and getting the balance from a conventional bank. Is this one of those cases when I won't get approved due to lack of "skin in th...
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I'm working with a loan officer to see how much I can get approved for. Looking to purchase a 2-4 unit rental. My question: which is beneficial. To live in 1 of the units? Or not to?
I don't own any property curr...
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Hey BiggerPockets,I’m in the beginning stages of making a decision on buying my first home. I’ve been deciding between buying a rental property in Memphis, TN or buying my own home in the Denver area. I have recently ...
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Looking to get my very first deal done. I’ve been extremely interested in fix and flip opportunities for about a year now and feel like I’m going through major “analysis paralysis”. I need to find a mentor, preferably...
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Hi everyone! I'll detail my current situation below. I bought a house in October for approximately $171,000. It was a foreclosure. When the lender had the property appraised, it appraised for $235,000. With that good ...
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Hi BP, I was just approved for a 25k business line of credit. My business mostly consist of wholesaling so I was wondering if it'll be best to leverage my line of credit for more marketing or should I hold on to it fo...
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Are there any investors out there investing into Opportunity Zones in California?My company submitted several tracts in San Bernardino that were approved by the government and we are now focusing our efforts to buy in...
Hello all,I'm brand new here and brand new to the investment world. I've been reading through here a lot and learning as much as I can before I jump in. My question is not necessarily investment related but I'm stil...
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Hey everyone, my name Is Jeff. I’m new to the investment side of real estate and don’t know where to go. I’m a general contractor in Southern California so I’m very experienced in the build and repairs side of residen...