Is it customary for private lenders not banks to ask you to provide your own credit history? I have done several loans with banks and they always just pulled my credit. I am starting to work with a private lender and...
Hello BP!I own a home that I would like to turn into an air bnb. I believe I can make 1.5x what i pay in mortgage for extra cashflow.Goal is to buy a 2nd home or investment home that I can live in for about a year and...
I'm trying to figure out how to finance a purchase on a multi-family that my friend, my friend's dad and I have been looking at. It's only $43,000 but we don't have that amount on hand. Do we have to take out a mortga...
Well I haven't invested yet so what should I call myself?? My name is Jeff Libby (still working on getting a new picture up!) and I'm about to start real estate investing in the next few months. I currently work on a...
I am sure this has been discussed ad nauseam in other forum links, but I haven't been using the site long enough to effectively use the search bar. Feel free to link me!I am looking to make my first investment (OO MF,...
I have a house under contract for 44k cash. ARV is 82k. Repairs estimate 10k. Rent estimate is $850 per month. This would be a buy and hold. The house was listed in the mls and seller was selling because this hou...
Hey All,I'm an Arizona native living overseas, but itching to get back into investing. I'm living the UK for work, but the market here is pushing out of my limits, especially with the way lenders here are working with...
I am an agent in NJ. Here are the basics of a deal that I recently discussed with a client.
The asking price for a 9 unit, mixed use property in good condition is about $1,500,000. Gross income is approximately ...
I've been working on doing a cash out refinance deal, and everything was going well until today. Got a call from the bank saying that since the home was listed for sale within the past 6 months that Fannie Mae wont ac...
Hello everyone,I've been listening to the bigger pockets podcast for a few weeks and finally made an account on the website. I'm looking forward to what I will learn and who I will meet here. A little bit about me:Ser...