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Hi BP community. What are your thoughts about doing a cash out refinance after making an all cash offer? Has anyone tried this? All cash offers would certainly increase leverage during the purchase process, but wonder...
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Investment Info:
Mobile home private money loan investment in Blytheville.
Purchase price: $250,000
Cash invested: $250,000
34-lot mobile home park
What made you interested in investing in t...
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Hello - I have a bit of a spin on the age old question: To use all of your savings on your first property or not.I have 10k I have saved in 6 months to put towards a property. I have planned to use 5k of my own funds ...
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New member and appreciate this forum. I am interested in using IRA savings for starting out with rental property(s) with a goal of generating income that can feed my retirement savings. My portfolio up to this point...
I made an offer on a bank owned home. The bank counter offered on a Monday with no expiration on the offer. The same week they requested highest and best offers on Thursday. I attempted to accept the counter offer ...
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Hey Gang, So I've been on here just a few months, but have been taking actions to get my own house in order so that I can make the move into REI. I've been reading on here on the time, getting involved, listening to...
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My fellow investors,I need some advice and guidance. I have decided to take the plunge and move forward with doing my first flip. Yes, I am proud to say I no longer live in the land of "analysis paralysis." Lol. I ha...
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Hello BiggerPockets Community!I'm trying to figure out the best way to handle my utility expenses on a rental property. I haven't closed on a property yet (I actually haven't even made an offer yet *sweat-smile emoji*...
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I am looking at an off-market property that would not qualify for conventional funding. If we buy it with HM, do the work necessary, get it rented and then refi, the bank and mortgage broker I've spoken to said they w...
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For a background, I have a condo to rent which there are residents below and above. Getting a qualified tenant in the unit has taken longer than expected and I have decided to accept one pet. My initial thought is t...