Peter Jetson
Cash or Finance: which is best if you have the cash?
As I embark on this RE journey, I see on the forum that most people take it for granted that financing is the way to go. What if you have enough cash to purchase a property, are only getting deferred tax benefits from...
Roderick Barr
REACT Real Estate Team
Does anyone know a program called REACT Real Estate Team? I have seen where they are offering 100% financing to get into their program where you find deals or leads and they have buyers that will pay full price. Woul...
Zach Adams
Closing Costs in SoCal
Looking to purchase an owner-occupied Duplex in San Diego and plan on using an FHA loan. What's a good estimate % for closing costs so I can estimate my total costs to purchase? ThanksZach
Account Closed
Foreclosure Advice
Hey Bigger Pockets family. I have a potential foreclosure deal that I could use advice on. While I have worked with others on deals in the past, I do not have any experience doing a deal on my own. The property I am i...
Jesse Jaques
short sal property being sold after bank approval
I completed a short sale application process with OCWEN and received final approval to closE. Before closing OCWEN sold the property to another bank. Is the purchasing bank legally required to go through with the shor...
Fallon Moore
Filling out "As Is" contract with financing contingencies
I'm obviously embarrassed to ask this, but please don't rip me to shreds. I'm a new agent who just switched brokerages and no one from within my brokerage is answering me but I'm on a time deadline. I'm stressed about...
Dillan Ruthenberg
What is the bottleneck in appraisals for HELOC/Refinance
Hi Everyone,I have my 2nd property closed and set to take possession Jan 18th. It is a Triplex purchased for 222,500 (good price for my area). The building is stucco and could use a bit of updating to increase rents ...
Frank S.
What investment strategy would you pick? (MOTIVATED SELLER)
Motivated seller selling me a 3/2 SFR but not sure what strategy to use.Property Details:Written Appraised Value - 134KPurchase Price - 90KRehab - 15KRent - 1,250/mthTax Rate - 2.54%Strategy 1:20-year mortgage, 4.63% ...
Ben Goodall
Investment property with HELOC & 1031 Exchange
I have a HELOC on one of my investment properties. I have used a portion of it to buy another rental property and am contemplating using the rest as a down payment for a primary residence. If next year, I decide to ...
Jonathan Rosado
HELOC or refinance to purchase our first rental property ???
Hello all,
My wife and I would like to purchase our first rental property (triplex). So my question is... Should we refinance or take out a HELOC to purchase our first rental ?
Also the property will go under one o...