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Hello everyone,We are on the verge of purchasing our 2nd rental property, and I'd love some of your perspective here.A bit of our background:We have app. 36 k in equity (according to the local credit union) in our pri...
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Hello everyone,
I'm a brand new, just starting out REI. I've been studying the basics and have been thinking on how to make my first move. I've got my VA home loan that I haven't used yet. Is this a good strategy? Any...
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My friend and I are interested in investing in real estate while in college. We have recently found what we think is a great deal. If we decide to purchase this property, we plan on getting a conventional loan and spl...
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Is this what people are taking about when they say seller financing?
Owner agent says they will do a land contract with 10% down? Does anyone have experience with this? Is this pretty much seller financing?
Is this ...
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Hi Everyone!I’m new to BP and have been searching for commercial real estate for the past couple years to use as a “House Hack” of a different color. That deal has finally been found and we’ll be closing before the en...
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Need some advice on a scenario I am working on. If I purchased my first home for 5% down - 275k @ 2.4% for example sake... what happens if in year 2 of my five year fixed mortgage I am looking to move to a new princip...
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Hello everyone, I’m a new investor in the Chicagoland area looking to invest capital and get my first rental property. Traditional banks and even some credit unions have so many guidelines for giving you a mortgage t...
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Ever heard of business credit concierge services, that help you open a series of unsecured business credit lines and cards, and negotiate the limits higher for you? I’d heard about them over the last year or two, but ...
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Hello all,
I'm looking for some suggestions.
I want to start flipping houses. I do not have much capital to invest with so I've been calling around to some HMLs and it seems most have changed their requirements sin...
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Someone I know is on rent assistance and has retirement money. Hes about to be 64 and will lose the rent assistance if withdrawing the lump sum of retirement. He is willing to use it as a downpayment but we are unsure...