I'm looking at buying a property to live in and eventually rent. My lender is suggesting a 10 year fixed vs a 30 year right now due to rates. My strategy is to keep the home long term so to me a 10 year doesn't seem l...
Hey guys, I have something to vent out and read some opinions. We own a duplex through a VA loan for two years and we started to process to refinance and get another Va loan for another investment property as a primar...
Hello! I have a question about the BRRRR method that I cannot find an answer to. My question is this: Once you do a cash out refinance and get your check from the bank, doesn’t that money have interest?- As an example...
I am just getting started and I know that there is information on this - have read several things about utilizing a 401K for investing in RE. I am still unsure of how I can use my 401K. I am still employed, but am p...
Hi Bigger Pockets Crew!I am new to the investing world and just out of college. I have a full time job and am looking at investing in property really soon. I plan on "House hacking" my first deal and then going from t...
I am interested in starting out in househacking multi (1-4) unit properties. I'm curious of there is a loan order that is beneficial to begin with as far as if you use one you may no longer qualify for another. Lookin...
Hi All!
I am trying to determine the best way & when to access the equity in my 4 unit.
- currently owner occupied but I plan on moving next fall
- is a home equity loan or cash out refinance loan better?
- onc...
Would like to learn how a personal guarantor is compensated for taking the risk. Sponsor just purchased a land to build an apartment. Sponsor is in the process of set up an LLC with multiple members put in equity mone...
I'm a newbie and the other day I was on the phone with a mortgage broker and when I asked him about rehabbing and refinancing he told me it wasn't a smart move. He said the cost of the refi might end up eating up any ...
Hello,
My brother and I live in Oakland CA and are considering investing in a multi-family unit here in the bay area using an FHA loan. That being said, we like the home we're living in now and ideally wouldn't look ...