Jacoby Atako
BRRRR investing with a bear market looming
Hey pros. I had a general question about those with good experience BRRRR investing. Are you finding success negotiating better pricing with the Coronavirus market decline looming?Are there any other adjustments you'...
Peter E.
Loan Process - when can you back out
Novice question - If I have a deposit down on a property through a real estate contract and am in the process of securing a loan with a finance company, with the loan application submitted and being evaluated, can ...
Account Closed
House hacking plans advice please
Okay i just started a new job 42k salary starting out hopefully land a analyst job 50k+ soon but for now i have 775 credit score i have 140k cash but only wanna use max 30k, i owe 0 student debt i own a business as we...
Lisa Roehrl
First Flipper Question
I inherited my home from my father when he died. I lived with him and took care of him for approximately 10 years. It is almost 3000 square feet on a large lot at the end of a cul-de-sac. I would like to fix it and...
Lara Nicole
Overpriced Multi-Family listings in Washington & Oregon State
I've noticed a steady increase in most Washington & Oregon state MFs to the point where these properties don't even come close to meeting the 1% rule & would actually be breaking even or taking a loss if purch...
Brandon Bell
100% LTV HELOC...should I do it? #Notfinancialadvise
Hello All,I have a duplex that I am house hacking and I just had it appraised for $425,000; meaning I have approximately $175,000 of equity in it. I was initially going to do a cash-out refinance and pull around $80,0...
Vennessa Shuler
Buying An Investment Property From Family
My hubby and I are purchasing my mom's home as an investment property. I'm trying to maneuver the best way to obtain a conventional loan without having to put 20%+ down to the bank. Possibly, by having my mom 'gift' p...
Karen C.
Tenants by the Entireties and LLC Mortgage
Hi everyone!
So my husband and I have an LLC together which currently owns our rental properties. The agreement states “the Percentage Interest in the Company owned by [husband] and [wife], as Tenants by the Entireti...
Kristen Silva
Pre approval or HELOC first?
Hello,
I am new to the Bigger Pockets community. My husband and I are looking into purchasing our first investment property. We have a primary residence that has about 350k of equity. Our current rate is 3% so a ca...
Daniel Hart
Can I get financing with this scenario?
Loan Purpose: Cash out refinance on investment property
Loan Amount: $50,000
LTV: 60-70%
Credit: 760+
Assets: Greater than loan amount requested
Income: ...