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The hard money loan is considered asset-based financing. This simply means that the person who is borrowing uses the physical property as security in exchange for financing. This type of transaction mostly involves re...
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Hello BP,
I was wondering how to get started with rental property investing without financial records. I do have the funds to put a down payment and repair or even buy the house cash out right. I have a few question...
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Hello,I am looking to invest in a multiunit property, but I am nearing the debt to income ratio most banks require. I do not have the funds to pay all cash for the properties I am looking at. I am curious as to how sp...
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I'm a bartender making around 100k/year, I'm also a part-time construction worker. I've managed to save 400k and have 4 rentals that cashflow about 2k a month. My strategy has been B.R.R.R.R. so far and would love...
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Hello,Any tips on finding a lender that will do a HELOC on investment properties? I live in Kansas City and the couple places I’ve reached out to so far only offer them on primary residences. Thanks!
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Hi all,Long time forum lurker looking for advice on how to move forward from my first home. Property is located in northern Sacramento in California. Employment sectors for Sacramento are founded in government secto...
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I have two properties in the Portland, Oregon area that are both financed with conventional loans. I'd like to keep them and buy another 2-4 unit multi-family with an FHA loan. It was my understanding that I could do ...
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Hey all!I am new to BP and new to REI. I currently rent in East Austin and am looking into buying my first property. Originally I was looking to purchase a SFR that I could put some sweat equity into and rent out at s...
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Hi Everyone,
My name is Garrett and wanted to introduce myself to the bigger pockets community. Quick little introduction about myself; I am from Vermont and currently am working for the federal government and can ho...
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I’ve got a tenant who would like to pre-pay rent for the winter months. I am happy to accept this, because I know his income fluctuates in the winter. My questions are: 1) This is a month to month lease, does acceptin...