Hi everyone,I'm a young guy in Tampa, FL and as of right now I currently own 2 condos and am looking to expand my property portfolio. At one point or another I have lived in the two condos I own now. With that said I ...
Can you purchase a rental property with hard money then roll over to conventional loan? If so, how will the money borrowed from hard money lender be allocated from the bank to lender.
Hey guys!Excited to start the process of buying my first house. I wanted to reach out to the bigger pockets community and see what advice I can get when shopping for a mortgage. If you are from the Louisville, KY area...
Hey BP folks,So this has been one of the largest concerns in my mind when it comes to refinancing out of the BRRR strategy. For instance - say I am only the refinancing portion away from a very successful BRRR, and al...
I have purchased 2 houses in a market where the numbers look great on paper and I am wondering if I am missing something. Purchase price is averaging about $50k per single family house. Houses are about 16 sq. Ft, 3/1...
After doing some search and research I'm investing in my first trust deed note. 50% LTV and it pays 9% monthly for 60 months. Approx. investment 50k. The bad thing is that the home owner can pay me off before th...
I'm looking to purchase my first investment property now that I have saved a sufficient amount of cash, however I've hit a roadblock when it comes to financing. I cannot prove income for previous years because up unti...
Real estate investor here with a few properties in my portfolio-all with a partner. Our properties are all single family homes or condos.Our usual process is 20% down and 30 year am schedules. However, upon closing o...
Good morning Bigger Pockets Community,I have some equity in my current single family home rental that I’d like to access to purchase a second rental property. Based on my current loan and financial situation a HELOC l...
Hello BP community and thanks in advance for all advice and help.Looking at a forclosure that is listed at 16,500 in an area that supports an ARV of 45K. My repair estimate to get to good rental condition is 15K. We...