I have been told banks will not provide a HELOC on a investment property. Does anyone have experience with this? I am doing a BRRRR and I’m fine with doing a CO Refi but HELOC might give me more to reinvest. Seems ban...
Hi BP folks , I will be closing on a quadplex this Friday which is fully occupied. Does anyone has a checklist of things to go through at closing and days after the closing ?
We posted an article in the BiggerPockets blog today that seems to be striking a nerve with some:
February Foreclosures Up 30% from 2008; Does Obama Own the Crisis Yet?
Come and join the discussion on the blog or here.
Hello,
I have found myself in a very unpleasant circumstance. The end of this past November my family and I moved into a new apartment and less than a month after this we discovered that mold had started to grow on o...
As some of you already know from our personal conversations, I just recently gained 501(C)3 exemption for my non profit. I am now vigorously looking at creative ways to super size my foundation. I came across a non pr...
Hello, I'm looking to purchase a Duplex for 30k cash. It will need about 10k in rehab. After I fix it up, will I be able to refinance for about 70% of the ARV? I would of bought this property with financing in the ...
I have an offer accepted on my first deal and am using a private investor to fund it. I am having a really hard time finding out how to get a contract written up with the loan terms and everything. I called a real est...
I’m a super newbie. I heard on the podcast a couple times of some people who bought a house with cash, no mortgage at all, and used the BRRR method. I don’t understand how you can refinance a house that has no mortg...
Hello BP,
Question on the below scenario
I was browsing the BP market place and found a property for sale in the market area i usually invest in, i recently moved away. I reached out to the seller and recieved in...
Ive found the deals but I do not have the 20% down payment.
I have found a partner to give me the 20% down payment in return for half of the cash flow.
Issue is the lender states my partner must be on the mortgage...