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...
Patrick Philip
How to scale up my development business?
I've been building single family homes for a couple of years now. I now have lenders that are willing to lend to me. I plan to finish 10 houses within the next year. I am reaching the point where I can no longer manag...
Nick Wilkinson
Buying duplex at 100% LTV! Over-Leveraging or Good Deal?
Hello all,
I am currently the owner of 2 duplexes, 1 conversion and 1 side-by-side. The conversion was purchased using a down payment of 20% and cash flows $525/m. The side-by-side was purchased 100% LTV (zero percen...
Andy B.
Myrtle Beach | Orlando |Smoky mountain - 3 popular areas - Not one cash flows in 2023
I looked at 3 popular destinations (Myrtle Beach | Orlando |Pigeon Forge) to analyze STR properties with the following setup. Not one has positive cashflow with a typical 10% second home loan / 30% vacancy & 6% in...
Robert Love
House Hacking and Roommate Questions
Hello, BP friends,I am new to real estate investing, and I am going to house hack a 4/2. I am looking for 2 roommates. I am also looking for additional roommates for a 4/3 home that I own. Currently, one person is ...
Derrick Webb
First Time Homebuyer - Creative Financing Techniques sub 620 credit score
Does anyone have any suggestions on how to purchase a home (1st time homebuyer) using any creative financing techniques or special programs. I am currently getting my credit score as well as my wife's credit score up...
Carla Harris
how do you not get so frustrated
Can I be brutally honest? I have no idea what I am doing and I feel like i am walking in total darkness...as my friend said, don't get analysis paralysis...I am an action person, but I just don't know what actions to...
Jason Hornbuckle
Flipping Instructional Program Seems Too Fast
I recently joined a coaching program ( not associated with BiggerPockets at all ) that claims to be able to take a total beginner with no knowledge in Real Estate to the point of making a successful house flip within ...
Joe Splitrock
Happiest Places to Live and Most are in California!
I am always interested when "best places" lists are published to see the effect it can have on growth of cities. I know in my city of Sioux Falls that when we have made it on many lists and it attracts people to reloc...
Connor Kerr
First property has tenant in one unit
I'm about to buy my first property (house hack duplex) and one unit already has a tenant who according to the description, "doesn't plan on leaving any time soon". If I decide to keep them, should I treat them like a ...