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: ...
Valeria R.
looking for new rental property
Hello, my name is Val.I am a homeowner of 5 yrs. I am looking into buying a rental property now. Just starting out. any tips or suggestions? loans, things I should look for, programs that can help?Thanks!