Satish Vittalam
Mortgage on a rental property
I have a home that I will be leasing shortly (that I was staying.. Moving out for job reasons). I pay around $2,500 per month on a 15 year and may have another 10 years before it will be paid off. The amount I pay in...
Account Closed
Refinance deed restriction
I’ve heard it said here and elsewhere that banks sometimes have deed restrictions that in addition prohibiting resale, also prohibit refinancing for a period of a couple months after the purchase of an REO. Does anyb...
AJ Wong
The Virtue & Value of Preparation & Patience
If there is one thing I have learned in real estate investing it is that patience and preparation pay. In my own property investment career I can confidently advise myself and clients to take their time. Forcing a tra...
Aruna Abdool
Newbie to Real Estate Investing. Knowledge Seeking.
Hi. I couldn't join the Newbie Bootcamp. I'm hoping to be able to catch the next one. My objective at the moment is to learn how/if I can invest in a single family rental property as a means of extra income monthly wi...
Chase Caudill
Seller Financing Question
Hello everyone!I have a seller financing question for everyone. I'm excited to get my first seller financing deal on the table, but it has some contingencies I'm just ignorant on. The break down they are offering is a...
Irfan Saeed
FHA 90-180 Days Rule
Hi Guys - I would appreciate the help in this regard :My newly rehabbed house is in pending status and the FHA approval is in progress. Today I got an email from the lender that if the house is being sold more than th...
Wade Gustofson
Second Chance, restarting out
Hi everyone,
Let me take a moment to introduce myself and breifly describe my circumstance. I am in my early 30's, have a good corporate job and have saved about 30k in cash reserves. I am tying to restart my renta...
Gurgagn Chand
First-time Out of State BRRRR
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $100,000
Cash invested: $35,000
First out of state BRRRR. Located in the Point Place neighborhod with Washington Lo...
Eric Malone
Help with the Refinance part of BRRRR is it worth it?
Looking for some advice. Im in the Refinance part of BRRRR and heres the situation. Currently have 200,000 mortgage @ 3.5% for 30 years. Monthly payment $1300. Rent i receive is 2200. Im Cash out Refinancing 75% and h...
Jason Mak
HUD Loans - the downsides
Hello Biggerpockets community,
I am in the process of refinancing a 65 units apartment in California and I have a great deal for a 223 refinanceHUD loan (3.5% for 35 years). However, I realized there are many downsi...