Benjamin Morris
Getting financing for my third property - 4plex
I'm 24, and own two properties in CT; both with significant equity and looking to buy a third. The first property is a SFR purchased in 2013, worth approximately $220k (Per 2yr old appraisal). I owe $100k on a 30-yr f...
Antonio Martinez
Money is needed to invest more
Hey bp people. I am a small investor with one sfh. And I have flipped 3 properties. I am a Lic general contractor so it has always seems easy to fix any home for me. Currently I have a sfh in Anaheim and will be put b...
Trey Williams
Merrbaugh Dr BRRRR Project
Investment Info:
Single-family residence buy & hold investment in Hagerstown.
Purchase price: $81,600
Cash invested: $27,000
Sale price: $130,000
SFH 3-1 no, basement
Property valued at $125K...
Jim D.
Opening a HELOC during BRRR
I am doing about a dozen flips/BRRRs this year and looking for ways to improve my liquidity. One idea I had was the following:1. Purchase property for $100k cash (property is dated but habitable)2. Immediately open HE...
Jay Schultz
Second Property - Eviction, writ, sheriff - all in one deal! :)
Investment Info:
Single-family residence buy & hold investment in Shakopee.
Purchase price: $215,000
Cash invested: $65,000
This is a single family townhome. I bought it turnkey - with renter an...
Josh Walker
BRRR with 3 R’s - Looking for feedback
Hello Bigger Pocketers! Please chime in with feedback and experiences of your own. I am a home builder and currently build spec and custom homes. No investment excites me more than real estate. My “paycheck” is buildi...
Ike Mouser
My first steps in real estate (fha, 1031)
Hi everyone! I am elated to be a part of such a community. I am taking my first steps in real estate to get me out of the rat race. I'm 33, a manufacturing manager and have been cramming real estate books and podca...
Joseph High
Seller Financing - Structuring Terms
I have identified a property that is in my neighborhood that I would like to purchase. The original owner passed away several year ago and the house transferred over to his son who lives in another state. He only visi...
Thomas B.
Can I move into my 4 plex to refinance?
I own a 4 plex and 1 of the units just becqame vacant. My interest rate is 5.75% 30 year fixed with Wells Fargo.
Can I move into that unit and then refinance as a owner occupied property? And if I do that for how...
Niman S.
Fannie increases limit from 4 to 10
On 3/1 Fannie will start allowing investors to hold up to 10 mortgages and get Fannie Mae backed loans. The limit had been previously reduced to 4.
They say there will be an increase in activity from investors who h...