Here's the scenario. I have some experience with real estate investing (1 foreclosed residential home purchased through a wholesaler in San Antonio, TX, full rehab, rented it for a year, sold it making a $26,000 cash...
Hi,
My wife and I are starting our journey into real estate investment. While we currently reside in California, our focus is on acquiring properties outside the state, particularly in Arizona, Nevada, Texas, and Pen...
I've heard that you can take secure a loan against a note that you own. Is that accurate? If so, do all banks do that, or rather which banks do that? Also, will banks lend to purchase a note and have that loan secur...
Hello everybody,
This one of my first posts on bigger pockets so bear with me if I am a little off on something. I have been studying for a while now about buy and hold investing and figured if I keep reading...
Upstate SOUTH CAROLINA 12 unit 6 building deal. I am getting hung up on the refinance step of my first BRRRR. 12 units across 6 buildings. Purchased for $20,000$90,000 renovation. Currently 100% rented. Rents for $450...
Hello BP nation! I am a total newbie in the Southern Maryland area. I am looking to buy my first property and decided to go on lending tree to compare some mortgage companies. I am guessing I made a mistake, because n...
On one end of the spectrum you have conventional lenders looking to lend to qualified buyers at low single digit rates for long term loans. These loans generally do not come with construction financing (I say generall...
Hey There!After browsing various threads on the subject there is one question that remains when it comes to financing and asset protection.I realize that you would have to get a non-conventional loan if you are buying...
I checked out my trans-union report, and it said that like a measly $7,000 in sallie mae loans that I took out a few years ago are utilizing 48% of my revolving credit. Isn't that going to hurt me when it comes time t...
I'm interested in hearing about pros and cons from people that have acquired investment properties through an IRA, solo 401K, etc...I'd appreciate any referrals to Real Estate IRA custodians that you work with.
Tha...