Hello All,
I just purchased my first 2 investment properties at auction in Louisiana and used cash. I will also reno the properties using my own money. I want to rent the properties out and get a mortgage on the hou...
Hi BP,So I've got a family friend who is looking to get rid of a disaster of a property. He owns it outright and I would like to approach him with an offer to buy it off him with seller financing from him. I've never ...
So I’m a new investor and just closed on my second STR property. The problem I’m having is that I carry a high credit card debt and had to get a co-signer for this property and almost didn’t make it. Does it make sens...
I am planning to get my first investment house; I don't want to use my savings, so I have an equity line of credit for 50K and got pre-approved for a loan up to 300 k? it has been very difficult to find a house that ...
I bought my first house in 2022 but I had to relocate because of my job. I tried to get help from a Property Management company to rent out my place but their fees were higher than I thought and I was all confused si...
Hi,
I have a house that is owned fully by me (no mortgage) that I created a lease option on with a lessee. The FMV is about 165k. I received a 15k down payment and am receiving monthly payments of $1578 for so many ...
This question might be broad but I am talking specifically between the seller, the lender and the realtors. If I am getting a primary residence mortgage loan for 3.5% down, Is the lender allowed to know that I plan t...
Hi Everyone - I've been looking to do a house hack for a while as my first real estate deal. I'm 24 and have taken the last few years since I graduated college to get a job, save for my first investment property, and ...
I'm looking to buy my 2nd rental property, but have some financial questions.1. I own my own home and can take about $13,500 for a HELOC to use as a down payment. Q - If I do this, and then try to get a bank mortgage ...
Greetings Bigger Pockets community, I have a couple of questions: My father in law paid yesterday his mortgage $1663.96, $29 went to the principal the rest are interest, his credit is 650 and he is not too sure abou...