Christian Requejo
Pros and Cons between HELOC and Bank Construction loan for New home construction
Hello everyone, I need advice in reference to using a HELCO or Bank Construction loan to build a new home. I have a lot and I want to build a new home on it as my primary residence. I currently own a home with a lot o...
Account Closed
Cons of Hard Money Lending for 1st Property
I'm new to BP and to REI, but I'm ready to make my first purchase. As I've been hunting for the right duplex-fourplex, I've gotten as far as applying for a deal I'd found, only to find out my credit wasn't sufficient....
Joe Smith
Financing Land/New Build During/Just After Flip
My wife and I bought our first home 18 months ago as a live in flip. Our goal is to have it completed around April of next year. We are now exploring a move to the Missoula to Helena area - looking for some acreage to...
Michael Perry
What would you do in this situation? Sell, keep, something else?
Hey everyone, My name is Michael, I am currently a new Real Estate Agent in Alpharetta, GA. I became an agent with the eventual goal of buying rental properties and getting into flipping houses. I've been listening/...
Ashley Jones
Credit Union or Hard Money
Hello BP, I'm a new real estate investor looking to do my first fix/flip in the DFW area. My main question pertains to financing; would you recommend utilizing hard money or my credit union for financing? My first fli...
Melissa Faraias
Refinancing Advice needed for First Time Investor and DSCR Lender Recommendations
Hello BP community,
I am close to finishing the rehab on my first rental property and looking to refinance soon. Does anyone have any good DSCR lender recommendations? The property is located in Houston.
A lender t...
Phil Avery
Seeking Strategic Investment Advice for Today's Market
Hello, BiggerPockets community,
I'm reaching out to gather your insights on the most prudent investment strategy given the current market conditions. With $20k in savings and an additional $4k monthly saving rate, I'...
Ryan Jacques
DSCR Terms Opinion
Hi all, I just received the below term options on a DSCR new purchase loan (780 credit score). I'm curious to learn if these seem in the reasonable range including the fee amounts. I'd also like to ask if the rate di...
Ladeg Mulb
Doing a DSCR refinance to avoid down payment
Hello biggerpocketsI’m looking at buying a home through seller financing, and the seller doesn’t want to hold the note for too long. My question is as follows: can I do a DSCR refi in a couple years and take out a loa...
Michael Tempel
Single Family Management Fee Scenerios
I have been curious about want owners of single family's prefer in management fees. Can anyone offer any feedback?Option 1 - Set monthly fee and a set lease up fee. In my market I typically see around $75.00 per mo...