I'm in the middle of reading the BRRRR back and have been listening to all the podcasts and studying. what have you found to be the most effective way to do a cash out refi on a property that was bought with cash bef...
Hey everyone, while looking for a deal I came across a property that is a 3 unit 9 bedroom 6 bathroom with a 3 car garage. There was a fire in the first floor unit and went all the way to the roof with a hole in it. T...
Alright so I was told from Wells Fargo that I needed 6 month reserves for my investment properties. First time I am actually hearing this from a lender. Now I also read somewhere there is a way around this like if you...
Hey bp members,I typically try to buy foreclosed homes or distressed properties for my flips. It seems the days are gone where you could get huge deals with foreclosure properties. I’m thinking of buying houses at auc...
I am going to be investing in out of state rental properties in the next 1-3 years. I was wondering what kind of financing some of you experienced out of state investors use or like using to fund these investments? ...
Hello bigger pockets, Im currently in escrow for a new (to me) property with 2 houses (5 bed 2 bath each) on the lot for 1.025m. They currently bring in a combined 6000/month (signing a new lease for a year). The zoni...
So you can check out my last forum post about buying my first rental property. It’s going great today and is cash flowing pretty well. We just refinanced during Covid-19 and took our rate from 7.25% to 5.5%. Enough ab...
Hi everyone! Need some advice. I was working on a refi of our primary residence and now thinking of backing out but not sure if I can legally. I would think its possible but I don't want the lender to bluff me with fe...
Hello All,I would like to try to purchase my first rental at as ‘discounted’ a price as possible.I plan to to BRRRR it as a means to start the ball rolling on my investment portfolio.How do I purchase foreclosures wit...
I am currently looking at refinancing my FHA mortgage and looking at different options. It's a 30 year fixed 3.375% I wanted to either look at a HELOC to pull some money out and use to purchase my first rental, but l...