Hello all, I’m in need of some help from the bigger pockets community. I am about to buy my first rental property and I’m telling my mortgage company that it is my primary residence so that I can put only 3% down inst...
I am looking to cash-out from my three rental properties, all free and clear (Tampa, FL). I am looking to do one loan for all three properties. Does portfolio loan work for this? if so any prefer lenders?
Hey BP,I have what can be a great deal but am hitting a road block with financing. My parents are looking to move, and are willing to sell me the house. They are open to doing seller financing, however there will be a...
I’m moving soon and planning to keep and rent out my current home. Should I keep the home owner’s insurance that I have for the property or change it to something different.
Hi all i was just wondering everyones opinion on the BRRR with and without refianancing and repeating ?As an example Im aiming for a 60k property needing a little work spending around 10k on and aiming for an ARV of 1...
Greetings All,I received a business loan years ago to get an investment property for 86K. This property is in need of lots of repair. I have had offers from buyers for 30K & 35K. I am thinking of considering of...
Hey everyone, so I'm new to real estate investing. I'm in the process of buying my first rental property for $130,000. I am a young kid, just started working and do not have a lot of credit built up. I am going to be ...
The axiom, if the deal is good enough the buyers will find you, sounds great and is super motivational but deals are not sold in an empty room. What has been your focus, buyers or sellers? What sort of systems have yo...
Hi guys,Is it possible to do a BRRR strategy with a 670 FICO score? I am working on my first project (scary!), got the seller to finance the deal for 6 months, with a plan of using my savings and credit cards to do th...
Hello BiggerPockets community! I'm wondering if anyone has had experience using cross collateralization as a way to increase the LTV that the lender will finance. I've spoken with a couple lenders recently who told me...