Junior Salters
Using Hard Money Lender to purchase SFH/MF unit as 1st rental property
What are the downfalls of this as from what I know would be greater than the benefits? I know it can be done successfully and has by experienced investors? If the deal is a strong one, does that matter even if investo...
Nathan Frost
Interest Only DSCR
Can someone explain to me how DSCR works and why it would be better to do interest only payments vs a 30 year mortgage on an investment property?Seems the interest only quotes are still high and not worth it.
Stephanie Niles
Buffalo,Rochester, NY and/or Columbus, OH BRRRR
Hello BP community! I have been creeping this site for some time now and finally decided to bite the bullet and get started with an account here. I'm so glad I did. My husband and I have 2 rental properties in the GTA...
Andre Houston
Trying to scale up from single family to multifamily
My name is Andre Houston I purchased 2 rental properties I never lived in them. I was finally able to purchase a house for my family so I have 3 total. I'm trying to figure out how to scale up to multifamily homes. I ...
Steve Wang
Delayed Financing to include renovation cost without seasoning
I'm about to make an offer on a house with cash and I hope to refi the cash out immediately after renovation. I learned that you can get a conventional loan called "Delayed Financing" loan. However, this loan can onl...
Jared Spring
Easiest way to accumulate the most single family homes with 300,000
Hi everyone. I have been reading Biggerpockets for a long time and find it to be a valuable resource. Thanks to everyone who contributes. I was wondering if anyone could give me some advice on the best course of a...
Carin Kveton
Difficulty refinancine
I have a duplex I am trying to refinance. I purchased and rehabbed it, using a short term loan. I now need to refinance to a longer term loan. A local bank initially seemed interested. It cash flowed with just one ten...
Wesley W.
Newbie Buying First Property SubjectTo
I need help seeing if this deal is profitable. I can obtain the property for approximately $13474. That figure bring takes it out of foreclosure status.The repairs are around $5-7K. The property has n nearly 50000...
Kelsey P.
Is the moratorium on evictions federal or by state?
Just wanted to know where to look to confirm the exact "rules/laws" regarding evictions during this time (coronavirus). Is it federal or regulated by state? I'm looking specifically at Oklahoma. I think the earliest I...
Gary David
Using CARES Act to withdraw from my 401k to Invest
I am new here and would like to get some input on this matter. Please don't post any comments on how taking money out of my 401k is going ruin my future savings and compounding …blah blah...I have enough in there tha...