Hi,
House cost = $59,000, but with repairs the total cost came to $82,000. [I put roughly $8,000 down = I owe $74,000 on the mortgage (30 year fixed)]
My house was appraised at $150,000 before repa...
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Hi everyone!
My wife and I live in Dallas, Texas and we are new investors and new to BiggerPockets! We have been reading books/forum posts, attending webinars and listening to podcasts as much as possible! Just tryin...
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Hey BP! I am curious about obtaining a commercial mortgage as a rookie to buy my first property. My partner and I were currently in the process of obtaining a residential mortgage to buy a duplex, but my lender threw ...
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A cash out refinance is an important part of the BRRRR method. I am a first time home buyer and at unease with the tender qualifications that are required while attempting cash refinance while being self employed. Are...
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So I have mortgages on all of my properties, 30 year fixed with interest rates in the mid 5s. A credit union here is offering to refinance them for as low as 2.5%. That saves me $1000 a month from now on, and I thin...
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I am looking for financial backing of $16,000 to purchase a decent 2 bedroom house valued at $45,000. The 16,000 covers sale, closing cost, independent secretary, mileage, holding costs. House is to be put on market a...
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Hi I received the below lender letter from a lender I am working with. My question as this is my first investment is if below are good terms. It is for a triplex that is fully rented out. It has rent of $2025 a mont...
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I have an investor client who wants to diversify his real estate portfolio by making some hard money loans through a local hard money lender here in Texas. What are some good questions for someone looking to invest wi...
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Hello, I'm looking to purchase a Duplex for 30k cash. It will need about 10k in rehab. After I fix it up, will I be able to refinance for about 70% of the ARV? I would of bought this property with financing in the ...
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Hello all. Curious if anyone can share experiences with borrowing in a Self Directed IRA with a non recourse loan? I am in CT and learning all I can about investing in a SD IRA and would love to hear if anyone could ...