Hi All,It's a pleasure to join all of you in your financial goals, and potentially passions and careers. I am a young Engineer (recent grad) with some knowledge in financial investing looking to get into real estate. ...
Hi everyone,
I'm encouraged by the wealth of knowledge that people on this site are sharing with each other. Seems like a great community!
As a first time investor I'm looking to acquire my first proper...
I'm rehabbing a property that I bought in Mesquite using Hard Money. The property will finish rehab Apr 17. Now, I want to refinance out of that property using a lender/bank. I'm working with a bank who will refi it b...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Lima.
Purchase price: $50,000
Cash invested: $17,000
Two family Dwelling, Currently 1unit rented
What made you in...
Overall the Brrrr strategy creates another bill. How do you pay the interest on the refinance/heloc and the mortgage for new investment and still make cash flow?
I'm trying to buy fixer upper multifamilies (1-4 units) that have room for equity growth and cashflow.Trying to use conventional financing. (not hardline).I have enough Money to do 20% down + renovation costs.Lenders ...
Hello,I want to invest retirement funds for down payments on CT multi-famiIy homes (and single family if finances make sense) for the purpose of passive rental income. I plan on also using non-recourse financing so I ...
Hello BPers,I am currently considering a deal which I paln to finance it though a bank. The property is built in the early 1990's and is in a failry good shape , no structural damage but needs some cosmetic reparirs a...
I am looking to buy another property for $350k and rent out my current house for $2400/mo. The bank has approved me for a HELOC of $100k with 4.5% variable interest and the origInal plan was to use the heloc to put th...
I know this topic has been discussed, I am clear on all the steps in this method, however I am not clear on how to make sure I will be able to refinance? I know not to expect more than a 70% LTV from the lender, howev...