Hello!I am looking for a lender to use for BRRRR deals that will allow me to refinance without a "seasoning period" on the original mortgage. I know that the typical time period to refinance is 6-12 months, but I've h...
Hello All,
When learning about the BRRRR strategy, I have only heard of people buying and rehabbing with cash. Is it possible to first buy with a conventional loan and then refinance after a seasoning period?
I coul...
Hi all, First time posting here! My boyfriend and I currently own a condo in north county San Diego that we purchased in October 2019. since owning this property, we have renovated (all new LVT floors, upgraded firepl...
Does it ever make sense to purchase a Buy & Hold property using hard money? If so how do you eventually get the hard money lender paid back if you're simply renting out the property and not flipping it. Would you...
Hello Biggerpockets, I purchased a single family home 5 years ago for $80K. I financed it on a 30 year fixed rate loan. The rate was 5% and was financed as a owner occupied home. My monthly payment at first was $63...
Hello all! I am an investor in Delaware county right outside of Philadelphia. I currently have two rentals properties near Widener University and looking for my third. I know finding a full BRRRR in the current real e...
We built a custom home to live in as our primary residence. It is up in value but we are trying our best to stay here for another year in order to use the 2 out of 5 exemption. However, we built this house as an inves...
So for background, I have been house hacking in North LA county for a few years now. Since then, I've come across Biggerpockets and last year I started seriously looking for a second property. This month I got a large...
Hi BP world,
I need your expertise on this scenario. I will be purchasing and rehabbing a commercial apartment property using a 2 year Bridge Loan.
My exit is to stabilize the property and refi out into a FHA loa...
Recently, I was involved in a deal that appeared pretty straight forward. That is, until one unforeseen issue threw the whole thing into chaos.I hope by writing this post, I can help others realize that real estate in...