Steve Holly
BRRRR - the refi and repeat is stumping me
Hi all, trying to wrap my mind around BRRRR. It all seems straightforward enough - Buy, Rehab, Rent, Refi, Repeat... the part I'm having a hard time with is the refi and repeat. Since banks use debt-to-income to qua...
Sheila Villacampa
How to appeal to private lenders
Hello BP,
I am inching towards rehabbing my SFH that I purchased cash in 2014. After trying 2 conventional rehab loans that were denied due to high debt/income ratio, I am now trying to get private lenders from peopl...
Elvy Harris
USN Veteran Real Estate Noob
Good day!I was looking to link up with some real estate savvy individuals and came across bigger pockets. What a blessing it is to have such an amazing community full of individuals seeking to get to a similar goal! I...
Bruce Lynn
Preforeclosures---How many actually get to sale?
Anyone have % of how many preforeclosures actually go to foreclosure?
What % get sold before foreclosure?
What is the average time from first NOD to actual foreclosure?
Saw one recently that looks like it had been ...
Dan Bee
VA and Location
Hi all.I'm just starting out in real estate investments. However, what my wife and I have saved up needs to go into something we can live in. I want to be able to use our FHA or VA loan capabilities. I'm taking on a n...
Parish Benoit
Home Owner wants out of contract that is Sold
I currently have a contract to buy and sell on a property. The property has been appraised by end buyers bank and title company is ready to close on my buy side. The home owner's mortgage company that was about to for...
Deepti Mandava
Self directed IRA for RE + mortgage loans
Hi - I recently started exploring the possibility of using my consolidated retirement funds from other companies to use for RE investing and have read about self directed IRA. Anyone done this ? I am looking for a nic...
Dakota Mivshek
What are my options here? OPM
Situation: Father and son looking to potentially set up LLC or some other sort of private structure wherein we can pool money for different real estate investments. Family and friends looking for better use of their m...
Philip Davis
How to purchase a property that is already rented
How would I go about buying a property that already has tennants?
Ricardo Olea
First Ever REI Meeting
Hello BP,A first post looking and looking to get some good feedback. Decided to get the ball rolling, you know what they say you have to actually get started to be successful. So I contacted my Loan Officer who helped...