Grace Galang
Refinancing under LLC
Hi BP people! I am not a savvy investor like others so fully paid my 1st SFR and put it under a LLC for liability Protection per most people. Now, I am planning to buy a new property by cashing out refinancing the pai...
Jean Torchon
2nd FHA 203k HOUSE HACK!!!
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $252,000
Cash invested: $50,000
This was a HUD purchase just like my first deal. I was able to utilize the $...
Michael Hart
Borrowing against an IRA.
Hi Bigger Pockets I have a friend in Wilmington NC, Who has fell in love with a scheduled foreclosure auction home. We understand the risks and the process of buying from the trustee auction. For her, paying cash is ...
Ryan Biankowski
Personal Finance / Live-In Flip Advice
Hey all, Thanks for reading, looking for a some extra advice here. I bought my home 6 months ago, it was foreclosed but I knew the property well and that I could make a lot of profit on it if I just fixed a few thing...
Cerilenne Menendez Mendoza
Remove PMI Without Forfeiting Current Rate
Instead of refinancing to remove my PMI, could I simply get my home reappraised and use that to show PMI is no longer needed without losing my current interest rate on my mortgage? My current rate is too good to refin...
Abdul Qadir
Is 30k enough to start? First time
Hey guys, So I have saved about 30k I’m 22 years old living in New York. I make about 60k yearly and I’ve spoken with chase and they told me I could get a 250k loan with 5% down at 7% interest. Now I know that’s not e...
Joseph Tarallo
Taxes, expenses, mortgage help
Hello, so I’m looking for some professional help. I am looking to buy another property which I will need a mortgage. So when tax season comes I have a lot of write offs. Plumbing repairs, paint, furnace, etc. Now ...
James Bryson
How to fund first investment property
Recently inherited a 3 bedroom 2 bath house after the passing of my dad. Own the house free abs clear. It's currently rented and generating positive cash flow. But now I'm considering purchasing 1 or 2 town homes i...
Jake Warren
USDA loan restrictions and how to proceed with investing
Hi everyone, Five years ago I used a USDA section 502 loan to build a house. I lived in the house for four years until my partner and I both needed to move; herself to attend grad school, myself to take a new job. I n...
Gere W.
Multiple people on mortgage
Is it possible for multiple people to go on a mortgage? How does that work? Say for instance, 4 people go in on a $400,000 house. They all will live there (primary residence). Now, each will pay $100,000, but all need...