Jim Nettles
Owner Financing Question
Hi BP community! My wife and I are new REIs. Just bought our first rental and are excited about the possibility of adding more in the coming years. For our first rental we used conventional financing. However a few b...
Benjamin K.
Lender Required Repairs
Good evening fellow Biggerpocketeers. I currently have a REO property under contract (Conventional financing). The inspection report came back recommending a structuural inspection due to foundation issues. I got a...
Greg B.
BP Summit Question
Joshua Dorkin, just for clarification....I see that the summit sessions on Friday and Saturday are beginning at 8:00. Is there going to be breakfast/snacks to eat at those times our will be need to have eaten before ...
Phong Nguy
Plan to Househack a Multifamily In a Year or Two: Tips&Tricks?
Hello BP Community,I am looking into house-hacking a multifamily unit (probably a 4-plex) in Berkeley, Oakland or the surrounding areas. Right now I get to work from home so I am staying at parents' home in Sac to sav...
Chameka Meadows
Analyzing a deal for single family home
Hello All,
I am a newbie. I am under contract to purchase a single family home with 2500 square feet for $160,000 with ARV of $220,000. The repair will cost about 10,000 with no major repair needed. I want to buy and...
Matthew Metros
Multifamily Refinancing Terms/Conditions: What should I look for?
I will be utilizing the BRRRR strategy of Buy Rehab Rent Refinance Repeat to grow the portfolio.
We are looking for a delayed financing loan product that fits this strategy and mainly trying to avoid products that ha...
Clay Couvillon
How much Cash on hand should I have to start buy and hold
I am looking to start investing with a partner and was curious the thoughts of how much Cash on hand is a comfortable start and have when looking to buy and hold property? Property we are targeting will be about 1,70...
Marc Estepa
Basic financing question with an FHA 203K loan
I have a very basic financing question. I have a home I am looking to buy in need of repair. I am looking at using an FHA 203K loan.
If the cost of the home is $250,000 and I need to borrow $120,000 for rehab costs...
Shawn Johnson
Possible Portfolio Purchase
Hello BP!
I am interested in purchasing a small portfolio of properties: 3 SFRs and 2 Duplexes. I am curious about how most people would pursue financing something like this. Financing is probably my biggest need for...
Lenny Eckstein
Loan that doesn’t require current home equity as collateral?
I’m about to buy my first investment property (rental condo) using 180k drawn from a heloc against my current home. My plan has been to search for a conventional loan, over the next few months, at a 30yr fixed rate to...