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We purchased our first rental last year & am now looking at purchasing a multi-unit, preferably a 4-plex. Our bank will let us purchase 1 more investment property with 10% down and no PMI, thus the reason for the...
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Hi everyone,
I recently posted about a deal that my friend was considering in Dallas, TX; that post is below and labeled "original post". We've looked at the numbers a little more closely and changed up the strategy ...
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I own a fully pay off property, this property has a market value around 200k. I would like to get a heloc on this property and start doing the BRRRR strategy or is a better idea get a hard money loan vs the heloc?
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Hi Everyone!I am new to bigger pockets and looking to network with people on the north east side of the country to get to understand real estate better.I am very interested in flipping at this time, and I have the goa...
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The situationHouse is rented for $2,200/month. Property is currently in a bridge loan ($2,200/mo). Rehab took much longer than intended for various reasons numbers quit working as interest rates went up. I'm self empl...
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I a executing the buy, rehab, rent and repeat strategy. That said, now that I had purchased a property with all cash, rehabbed the property I am ready to refinance and use the cash out proceeds to purchase another pro...
So here is my weird story. I buy and fix up a condo and put it on the market. I get a great offer from my first showing. I accept the offer subject to the buyer getting financing and I sit back and wait for the closin...
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I just got a house in contract with the seller. The seller is not experienced. Basically I am guiding the whole process. This is my first deal without agent. what should I pay attention to to have the house closed on ...
I have a question when is a wholesaler "SUPPOSED" to get paid? I hear that the assignment payout happens when the new end buyer pays the wholesaler for the contract and then closes with the seller. Then I hear that th...
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My PR has a 2.5 APR. I would save hundreds if I can get it under 2.0. Is there any way I can avoid closing costs on a REFI? TIA!