Tyler Relph
Overcoming fear - first investment!
Looking for some guidance (and a vote of confidence)...I currently have a VA loan on a 3/2 that appraises for 165K with a loan of 149K (mortgage just under 1100 including P&I, taxes, and insurance). Current rental...
Account Closed
Buy & Hold
Greetings! I am new to the field of real estate investment and currently in the process of gather intelligence and information on different niches and strategies to pursue. However, I had a question arise in regard to...
Dwayne Moore
Cash-Out or Refi Inherited Home I'm Now Renting
Hello Community,This my first time posting and I need a bit of advice. I inherited a Townhome located in Chicago, Il and I decided to rent it out, which I currently have a tenant. It's mortgage free and I am trying to...
Nathan Yee
Refinancing an FHA loan: MIP removed + Cash-out Benefit?
Hello BP Community, I'm considering the loan type I want to use for the purchase of my first property. The FHA 203K looks to be the front runner. With a future buy and hold exit strategy in mind, can you cash-out refi...
Niyi Adewole
Putting Together Off Market Deal
Good Evening BP Family,As many of you know, it is getting harder and harder to find deals on the MLS. I recently spoke to the owner of a fourplex right next to my tri-plex and he mentioned that he would be listing his...
Breland Almadova
Home Investor Scenario HELP
Help!!! What would be the correct way to handle this scenario?
I buy a property ($200k) using a conventional loan. All closing cost are $40k. My name is on the loan for $160k mortgage. Furnishing house is $2000. So t...
Matthew Kauk
Help With Seller Financing
Hi, I have a deal that I'm looking at, where the seller is considering seller financing as the house has been on the market more then 150 days.
They currently have a 230,000 mortgage, 48k that needs to be paid for th...
Alfonso Andolz
Advice Needed - Payoff mortgage or keep the capital?
Hello All!Here a little backstory to my situation. I went through an ugly divorce a few years back where she took over the rental property we had, I kept the house we were living in, and I had to declare Chapter 7 ba...
Jason Halliburton
Cash out refi Seasoning
With Freddie and now Fannie updating seasoning requirements to 12 months, are there any other options apart from a non-qm/dscr loan? Im a newbie and have been building the start of my business to purchase my first BRR...
David West
Is my mortgage broker right? I won't qualify for 2nd home? Why?
My wife and I purchased a SFR in San Diego, CA in 2015 with an fha loan. Appreciation has been great and I've refinanced out of that loan to a conventional loan and opened up a HELOC with 58k available. We want to mov...