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Finally closed on my first property in Stockton CA. I used an FHA loan. What are some steps to take if I want to buy another property within 12 month? I want to buy a fourplex. I will be saving $2K+ a month and should...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $142,000
Cash invested: $21,000
This was my first live-in house hack. I rented out the two guest rooms for $475 eac...
https://dominionprivatelending...
I am thinking about applying a loan from Dominion Financial Services and the company website is provided above. I am wondering whether this lender is a scam. Has anyone used this len...
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Hi everyone! I am brand new to the BiggerPockets website, but I've been listening to the podcasts for quiet some time now. I am working on a potential deal that will require Seller Financing. I an not super familiar w...
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My friend decided he would like to get out of his rental property. He has decided this because he is heavily in debt with bad credit and he needs the money. He has equity, but the amount he would end up with, after al...
Hello All, I am new to real estate investment. I was taking to a Mortgage broker friend of mine about BRRR strategy. He mentioned that their are several limitations on refinancing the homes you bought. He wasn't sure...
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Hello all, I bought a small 680sqft single family house for 32k, put 8k down so I financed 24k. I plan to put about 5-6k into new floors paint and countertops in kitchen and then rent it out. The appraisal when I boug...
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Owned a 12 unit multifamily for 12months. Purchased for 360K and put in 70K in repairs. Rental income 80k for the year. Property now running stable with NOI per month at approx. 6k. (month 13 and onward). Considering...
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Our offer got accepted on a duplex this past weekend. The rate we were told was 5.5%, and that's with paying an additional 3,535 at closing to reduce it to that. This seems high. Are other people seeing similar number...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Cincinnati.
Purchase price: $155,000
Cash invested: $2,500
Purchased as primary residence to House Hack when newly married...