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Hey BP,I'm truly trying to get a firm grasp on how a HELOC works. My wife and I are currently considering taking one out on the property we live in to purchase our first rental property. The problem is I'm still unsur...
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What are the typical financing requirements for a mid size commercial multifamily. 8-24 units? I have heard many people talk about 25% down ect. But are there any other requirements on personal income. I know for sing...
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Looking to finance a purchase- it will either be a flip or rental. Currently don't have any income and my tax returns don't offer anything that would help qualify. Having a hard time finding a lender that will lend ...
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Bank of America just announced zero down payment, zero closing cost, and no minimum credit score mortgages for Black and Hispanic first-time homebuyers. https://www.bloomberg.com/news/articles/2022-08-30/bofa-tests-no...
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I have been striking out in underwriting with 30 yr fixed rates, the math just isn't working out for me to make any cash flow and the debt service monthly expense is wiping out any NOI and thus my yield. So... I am co...
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Ok, so I have a deep interest in helping people understand how to be successful in real estate. I'm an entrepreneur at heart and I would prefer to make money giving the time, knowledge, and experience I have to other...
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hello everyone. I could use some advise. I'm recently divorced and need to move within the next couple of months. During the divorce my credit got crushed. Had to short sale my house and my x wife got her truck repos...
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Hi everyone, I’m still relatively new to Bigger Pockets, and I had a recent colleague request ask that I post this to help others out. The question is, how did I go about purchasing ten houses in 2.5 years. I wish t...
Before anyone judges me for the fact that I am only 16 years old, I'd like you guys to hear me out. I live in a suburban environment south of Seattle, and I've gotten tired of letting others control the way I live my ...
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Hi BP members!! This will be our first post so please bare with us. So we received a call from a lady working for Renatus called Christina and she offered the mentoring we were looking for. She asked a series of quest...