So I spent a big chuck of my time last week trying to get home equity line of credit on my 3 properties. Using the rules of thumb that primary is 80% and rental propertyies at 70-75%, I figure I could get over 100k li...
I’m curious to hear what everyone is doing to navigate this market with high interest ratesInvestors, agents, buyers/sellers and lenders what are you doing to close deals? Are you having to get creative? The Fed is pl...
Many of us who live in expensive markets are constantly trying to allocate capital in RE, but struggle to find cash flowing deals.You might even have the income to pay off a good chunk of a mortgage, but you won't wan...
I was refered to someone today who offered to send me some information on a PPF Platform. I read it over and it is all about Bank Debenture Puchase and Resale Program. I've found some disturbing things on the web in...
Thanks in advance for your help. This would be my first deal. The way I am running the numbers it seems this house barely cash flows. It doesn’t meet general 1% or 50% rules. I have passed on a couple of opportunit...
I currently am house hacking a 2 unit. In addition to I just purchased a 4 unit. (Between the both I have about $50k in equity) Besides the two mortgages I am debt free. I am looking to GROW. Looking for advice from s...
I keep hearing about them, but don't know how they work. Can anyone explain?
Ok, So I'm new to bigger pockets and new to 2nd home purchasing. My situation and questions are these. I have Horrible credit (580) and just finished going through a long ( 2 year long) home loan modification, mod was...
Hey everyone! New here :)
As the Marketing Coordinator at Rental Property Owners Association (RPOA) of Kent County (Grand Rapids, Michigan), I like staying tuned into discussions about the trends shaping the real est...
Start Small and make your big mistakes Early.
Deal breakers- market, finance, zoning, footings, road type, water/sewer availability, Storm sewers, Storm retention ponds. Everything else you can mess up and not get to...