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Hey Everyone,I've recently been looking into the Refi part of BRRRR strategy on a property of my properties.I have talked to only one bank so far, a credit union. I have 2 other mortgages and they informed me that the...
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I was absolutely e...
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My ex and I were landlords for about 15 years with two rental properties. Cash flowed both and took nice proceeds upon sale of each, although sadly it was for Equitable Distribution since we separated. I have about $...
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Looking to purchase my first multi family property and had some questions regarding financing. I'm looking at buying a 2-4 unit property either using cash, rehabbing, then financing or using financing initially on th...
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Many first-time hotel investors can recall the same advice being handed down to them time and again: Acquire something with low risk and a good reputation, like a franchise. If one has the financial means and right bu...
I was wondering why exactly does a wholesaler need a cash buyer. What if somebody wanted a loan from a bank to purchase the property?
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I have been aware of the 10 mortgage limit on conventional financing as we moved towards it. We have 9 currently and one HELOC on our personal residence (no mortgage on residence). I previously understood that the 10 ...
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Hello Large Pocket Enthusiasts,
I seek the wisdom of the crowd. How have you handled Covid and your rental properties in towns where the economy is based around the College? I am currently looking at some propert...
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I'm trying to get pre approved for my first loan and I'm told that if I want to buy a duplex, it will be automatically be considered an investment property and that both a conventional or an FHA (the bigger surprise) ...
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Hello BP, new investor here looking for an buyers agent in Birmingham AL. I was "matched" through my lender with a RA but on our second conversation I was asked to sign an exclusive agreement. Honestly I don't feel v...