Would taking out eight secured loans over a six month period and paying them off rise my credit score? I'm thinking about going to two different banks and taking out six each. But before i do i would love to hear ya'l...
I am completely new to real estate but I've been reading books and articles on how to start. I have no money what so ever, but I have a good credit score. I live in New York and I am hoping to start in rental real est...
I've been wondering, now that I have accumulated some equity in my current home, could I get a HELOC and use those funds as a down payment for a property. Then assuming all things being even, I am able to secure the p...
Hey everyone,Just bought my second multi family and things are going well!My path/plan has been as follows.Bought first house/ triplex with first time home buyer 5% down conventional by claiming residency for a year.B...
Your goals and story: We bought a SFH in FL we rent out. We want to keep renting it out. Renovations were expensive. We are always looking to reduce our costs (interest) while maintaining flexibility if possible. This...
After spending a couple of weeks meeting with lenders, investors, and wholesalers, I've seen some patterns start to emerge. One of them is that many investors are stuck using hard money. This is fine if the deal penci...
Hi BP members,I would like to ask regarding with financing for multifamily. I am looking for multifamily especially fourplex and I came across with one lender which is offering 2+1 rental hard money loan. I would like...
My wife and I are in the process of getting a divorce. Even though we don't get along in the marriage we are still good friends. I want to start investing in rental properties. I have been contemplating creating an...
I am buying a property that I will serve as a new home for my nephew. It's a foreclosure, needs minor repairs and does not qualify for FHA etc and he does not have the 20-25% down needed to do the deal. I will be buy...
All, hoping to get some feedback from the forum. I purchased a duplex last summer and inherited tenants in both units. The tenant in one unit is on section 8, which covers 75% of the rent payment. The tenant has be...