So BP, I need your help. This year has been a real rollercoaster ride. I kicked off 2020 by initiating a refinancing of my rental, this March, right before the whole COVID-19 pandemic. In the beginning when the appra...
Hi. I am looking to start with multifamily units but Im wondering how I can afford a decent unit to start with. What options do I have for finanacing? I am planning in buying a unit and living in one apartment. I ...
I have a house under contract. 245K purchase with ARV 425K. Rehab will be around 50K. It flooded and is currently in the post flood state. A portion of drywall, flooring and cabinets have been removed but there is no ...
Hello!
Finally taking the steps towards financial freedom. I live in Miami, FL and the market here just like I'm sure in many other places is crazy expensive! The plan is to purchase a multifamily property and house ...
I wanted to know if anyone had any experience/recommendations for the Brooklyn Park area of Baltimore. The multifamily homes are in my price range and the cash flow fits my numbers. Anything I should heed or be wary...
looking at Private Lender's to fund property. What are pros and cons? Is 1% fee typical? Things to look out for? how do I verify I wont get burned?
Hi BP friends, rookie question here. I have a few properties, but the next one will be in an LLC. Been reading up on the basics of that, however, do folks typically open up a new credit card for purchases? Sounds triv...
Hi everyone,Is anyone familiar with the self-sufficiency test on FHAs with respect to buying a multi-family? I was told that it's a recent-ish provision that has made several FHA loans fall through. Apparently, 75% of...
Hi fellow investors,
I recently listened to a thought-provoking On The Market podcast episode featuring Ben Miller from Fundrise, who raised an interesting concern. He mentioned that while many banks provide loan quo...
Hello BiggerPockets community! I am posting a question to much more experienced investors today, as I am a newbie hoping to purchase my first property soon at the age of 20, about what strategy works best given my mar...