Hello BP community,I have a loan structure question. looking to buy a multi unit building ($475,000)Planning on using a traditional loan and a private lender to pay the 20% down.The bank is saying we can not have a pr...
Dear All,I am newbie here on BP and it's amazing to see so many like minded people contributing and helping each other!Here is my situation and any help is greatly appreciated. My friend & I decided to step into R...
A seller wants to transfer the deed into my name but I currently have a mortgage. Can I legally make payments to the mortgage that is currently in place?
Hey all, I have an individual interested in backing a deal I found. How would one go about getting or creating a proof of funds to accompany your offer in this case?
Hello BP. Quick question. Is there a way to get around this situation: The seller has agreed to finance my down payment, but the lender will not allow it.
Hi all -Has anyone used Bank of America Express Invoicing to collect rent from your tenants? You basically can setup recurring invoices to your tenants and they can pay using any bank, debit or credit card. It costs...
So, I'm new to bigger pockets. Thinking of different ways to invest. When I bought my house as a short sale and have fixed it up. I'm getting a HELOC on it, and was thinking of using that HELOC to put a down payment o...
Hello,
I am buying my first out of state investment property in PA.
3/1.5 SFH.
Purchase Price is 110k , needs a new roof, some TLC. Planning for 20 % down.
Similar fixed up properties there are going for 150-1...
Greetings BP Friends!
Hope you all enjoyed the long weekend.
Here is the situation:
I currently have a 15 year fixed mortgage on a MF @ 6.75% (Long-term hold)
Was considering re-financing and f...
I see other posts out there about software for rental properties. I can't seem to find any good solution that is designed more for a small portfolio rental property owner, and not for a property management company...