Susie Ivanov
Appraisal comes back high.
I am working on my first BRRRR and just finishing up the rehab. I purchased the property in Nov, 2021 and at the time when I pulled comps I was looking at between 160K-180K. I had budgeted for 160K for the refi and r...
Dimitri Savidis
Lending options beyond FHA and 25% Conventional?
It seems that my only non-private mortgage options are FHA and a conventional loan at 25% down. I apparently make too much to take advantage of state / agency-backed loans that allow for lower than 25% down.I’m 25 wit...
Leon Lee
Seeking Advice on Next Steps for My Real Estate Focus
Hi BP Nation!
I currently have 20+ units that serve short-term, mid-term, and long-term rentals. As I look ahead to the next 5 to 10 years, I’m at a crossroads and could really use some advice from this knowledgeab...
Jessica Russell
Help...I have to wait 90 days to sell?
hoping someone can assist. I purchased a house at sheriff sale 8/30, paid cash. I have a buyer and their bank is saying they cannot get a mortgage until its been 90 days since the previous purchase. I'm in ohio. An...
Stephen Gilmore
I need a special buy/sell contract
Hello everyone,
I am looking a tax sale lot that is next to a house. I have already spoken with the person that owns the house and they want to buy the lot through me. I have done this before with success but this o...
Katharine Chartrand
owner financing question
I have an $190K investment property with a 4% mortgage with a 140K balance.My realtor recommends selling it as owner financed. The stock is low for owner financed properties. A deal that would make sense for me woul...
Jarrett Mel Williams
Funding Down Payment
Hello,
I live in San Diego. I am looking to invest in the Milwaukee, Cleveland, Memphis, and Columbus as I have narrowed those down for my market choices right now.
I've got about 10k cash saved up. I am ready to ...
Alex Locklear
First house under contract
I now have my first "deal" under a 2 month option contract.
I have the home under contract at 212K; I'm marketing it to sell at 220K. Not really a wholesale but more like trying to find an end buyer willing to pay 22...
George Fejokwu
Student rental 10 months lease issues
Hello biggerpockets, I have had this $300 a month cash flowing student rental since last August. Great tenants! The problem is all three co-signing parents insisted on a 10 months lease. I was pressed to go ahead, sin...
Jack B.
Want to cash out refi to invest more, but the interest rates...
I have cash on hand but not enough for the apartment complexes I want unless I take out a loan at 8.5% interest. I'd have enough to buy in cash if I did another cash out refinance like I did two years ago, but then I ...