Haixia Shi
Debt/income ratio problem with investment financing
I'm having this problem when looking for financing to purchase a 2nd home as investment. This will not be a long-term buy-hold and I only need financing for 2-3 years before selling. The cash on hand is enough for 20...
David Cole
rent this condo out or sell it?
I've moved in with my partner & am considering whether to rent my condo out, which is just a few miles away. Because the condo is so close I think it would be fairly easy to deal with. Here are some numbers:$119...
Tom Nellman
Can you use a 401(k) Loan for down payment and then refinance?
Hi,I was looking to purchase a rental property using a 401(k) loan for the down payment and then I was curious if I could immediately refinance the mortgage to pay my 401(k) loan right back? I also have access to a $...
Daniel Easley
Advice needed...1031 exchange or HELOC options
Hi Biggerpockets family,I am in search for advice on entering into multifamily investing. My goals are buy and hold longterm focusing on cash flow. I’ll be inheriting a property free and clear, and wanting to move bac...
Farrukh Amini
The power of creative deal structuring
Investment Info:
Single-family residence other investment in University Park.
Purchase price: $130,500
Cash invested: $15,000
Acquired on terms (subject-to)
The buyer needed to relocate for a job t...
Da Shiek Woodard
Seller Financing to Reduce Down Payment and Closing Costs
I bought a primary home recently which took my cash reserves down. I am thinking that seller financing is a way to stay in the hunt.
What are some of your examples of seller financing deals you succeeded with and how...
Kevin Carroll
Newbie Looking for Input on Second Property
I’m searching for some input on how to take the best advantage of my situation. Currently I am living rent free, and making mid 100’s. I have one rental house that I owe 160k on, and is valued at 380k. I’m cash-flowin...
Jaiden Olsen
FIRST DEAL: Seller Financed 6-plex in Ogden, UT
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $525,000
Cash invested: $10,500
This is a seller financed 6-plex in downtown Ogden. Property has very little ...
Tyler Maten
Cash Out Refinance Suggestions
Hello bigger pockets crew! I have a property in Grand Prairie, Texas that was purchased with cash back in April that I'm trying to do a cash out refinance on. This is my first refinance, and the lender I spoke with to...
Abhijit Patel
For BRRRR properties: Refinance or HELOC?
Hi BP Crew,I want to understand (sorry if this has been asked before) in the BRRRR property is it better to do HELOC instead of Refinance? Usually the refinance has cost like title search, closing cost etc vs HELOC is...