Johnnie Bembry
Should I refinance my house?
Should I refinance my home to payoff $45K in “bad debt”? I want to pay off this debt & start investing in real estate. Credit card/car rates are between 5.9%-20%. I have about $70k in equity in my home and a good ...
Kathy Li
REA request for pre-approval letter
Hi,I'm at the phase where I'm looking for real estate agent. Sometimes in the interview process, an agent will ask for a pre-approval letter. My pre-approval letter lets me edit the offering price and exact address, b...
Christian Barto
Getting my first property
I have been studying and listening to the podcasts from BiggerPockets. As well as reading many books on real estate. Trying to get started in North East Ohio. Any advice on the area. I have been studying and building ...
Rafael Perez
Co-Signing a House Hack
Hey everyone, I want to start my real estate investing journey by purchasing a primary residence that I will house hack. Within the next 6 months I will have saved enough for purchase price closing costs rehab budget ...
Jimmy Nguyen
Paying my LLC to be General Contractor for my rental prop reno
Hello BP rental investors, I have an LLC with a Residential Building Construction Class A license. I purchased a rental property under my personal name so that it would be easier to refinance. I want to be the Gener...
Will Spence
Financing Question- Mortgage Too Small?
Hi BP, I'm looking to purchase 1 or 2 condos in the same building; however, the mortgage is probably not big enough to qualify for a loan through most banks/credit unions (under $50k per unit). The 2 condos together d...
Barry Ratliff
Briefly describe how BP helped you make money on your 1st deal.
There is a recent post from Cal C from Georgia who polled members how much money has BP made you. I think indirectly, if you have made money investing in real estate that BP had something to do with it. My question is...
Jarrett Ware
Buying First property with sellar financing
I'm trying to purchase my first house it is a 4 unit property for $330,000 and I am currently renting one of the units. It is a 4 unit property one 3 bedroom unit, two 1 bedroom units, and one 2 bedroom unit. All the ...
Dimitri Paspalaris
How long is pre approved loan good for?
Question can I use an approved mortgage like a preapproved car loan and shop around or do I need to actually have a property and offer done? If this is true how long is the preapproved mortgage good for. I am new to t...
Andrew Helmke
First house funding?
Looking at a couple single family properties here in the Wichita area. This will be my first one. Trying to figure out how to fund the purchase and rehab. For example, one of these houses is 30k 3 bd 2 bath with great...