Hello everyone, I am a new investor who purchased my first rental property a year before this post. I purchased a upstairs/downstairs duplex for $125k. I rented out the upstairs for $800 a month, and occupy the downst...
Hello BiggerPockets Community!I have a property that I purchased in LA county that has a ~12,500 sq/ft of flat land (12,500 Sq ft lot) with one existing primary residence (1200 Sq/Ft)I hired a architect to design an A...
Hello BP!
I have a goal to complete my first flip this year. I don’t have all cash in hand, so I’m looking for a hard money lender. Does anyone in the Kentucky area have any recommendations for hard money lenders th...
Hi, I was "shopping" for rates because someone advised me that is the way to go. Now I'm realizing it doesn't make sense. I don't get locked into any rate so the rate I shopped 2 weeks ago is not the rate I would get ...
I am a newbie, but I have one free and clear rental SFH with excellent cash flow. I wanted to do a cash out refi of about 50% LTV to get the next one or two, but was told by my banker, "can't do it." He said no b...
Hi Bigger Pockets community in SLC.I'm a newbie investor in the area. I've had a chance to meet a few people at the SLREIA lunch, REI Expo, and at an MJARE open house. I'm also joining UVREIA and UtahREIA and plan ...
Hello BP!
I am a new investor located in a town just south of Madison, WI. To this point I only have accidental experience in investing as I completed a live in flip of my (at the time) primary residence in Chandler...
How has marriage determined your investing strategy? For example, I wanted to use A FHA loan to buy a duplex. My wife was not fond of the idea of someone living in the same house as us. I am in LEO and work odd hours...
House Hack: Buy a multifamily. Live in one unit and rent out the other unit(s). I'm in my 30's, introverted, enjoy my own privacy, and value my sleep like no other. I was in San Diego, found a great deal on the MLS...
Can someone with a lot for knowledge regarding HMLs , help me in understanding how the Interest and Points work with a Hard Money Loan ?EXAMPLE:Say a HML says they charge 4 Points with an Interest Rate of 12% If The T...