I bought my current residence in 2010 for 20k with the intention of living in it while I made repairs. The initial goal was to fix it and sell it within a year or so. I was 20 and knew nothing of remodeling and had ...
So I finally bought my first rental! Well I bought a new house and rented out my first one. The second house I bought I want to move out in a year I’m currently fixing up and I know I can make at least 1k net after m...
I’m looking for your feedback. I used my VA loan to purchase our first home in New Mexico and used the VA loan again a few years later to purchase our current home. We have kept the New Mexico home as a SFR since 201...
Hi everyone, This is my first post. 2 years ago I bought my first 4-family with FHA financing. I had poor credit, over $10,000 in credit card debt and another $50,000 in student loans, but with my W2 income, a seasone...
I am researching getting a HELOC as a vehicle to purchase my first investment. I have about $165,000 in equity and understand I would only have access to about 80% of that. I need help understanding how HELOC works. -...
Hi everyone, New to this site and REI, really excited to have found this resource. I’ve got a property that I rent out for $1600 a month. I’ve got 65k left on the mortgage and it’s currently appraised by Zillow for ab...
An ugly headline, an even uglier reality. Rental Debt is estimated at $25 Billion (Source: Stout, a global investment bank/advisor). Housing subsidies included in Covid Relief Legislation will not come near resolving...
Hey there, I'm considering an Offset Mortgage (also known as All-in-One loans, or Accelerator mortgages). My understanding is that this has not been allowed in the US until recently do to tax reasons, but is more comm...
Hey everyone. I’m soon to be moving from London England to Fort Worth, TX. I’m 26 years old with a small fortune of inheritance and have recently come across the bigger pockets community.In the UK I’m currently an ele...
I paid for the 3 day seminar cause they said they'd teach me how to do deals "their way" and by doing so I would have access to "their" investors. Additionally, they keep saying they'll show me how to do deals with ou...