Benjamin Carter
Can I refinance a house that I own outright?
I am a 24 year old guy who is close to finishing up his first deal. I bought a house at a tax foreclosure auction with the intention of fixing it up and moving in with a roommate once it is finished. I am finally gett...
Oliver Trojahn
Tell me your thoughts on this Local Bank financing for rentals
I wanted to run these numbers by everyone on this forum to see if this local bank might be the way to go in lieu of conventional financing for our next purchase. There are both pro's and con's to what they can offer(...
Michael G.
Will lenders entertain a short sale if the homeowner is not behind on payments?
A seller called me saying she can't afford to pay for her primary residence anymore. She has a 1st with Chase and a 2nd with GMAC for a total of 450K. She'd be lucky to get 350K in this market. She's trying to determi...
Greg P.
How do you Rehab/Flip 20+ houses a year? Few questions please
Hello, I've been reading a few posts regarding rehabbing and I've read that a few members on here do more than 20+ houses a year. Are local banks financing a large amount of houses at one time? I don't think the hard...
Michael P.
Would you buy all 1 beds?
This deal is no longer available but I found it quite interesting.
Would you purchase an apartment building 400 units that are all 1 bedrooms?
Jeremy Francis
Helping analyze a multi family
Hey BP! I know there are tons of "how to" and "what to look for" posts, but it helps me to see things from my own scenario. I want to analyze a property that I am looking at. It is a 12 unit property for $375k. It...
Kelly Joseph
Real Estate Strategy for low income earner
So been a lurking in bigger pockets for a few years. I would like to purchase a property within the next year or two. However I have a few reservations. Currently I am working as a cashier. I am 30 Years old. I dont ...
Michael J Scanlon
2-4 unit home possible
I have some questions regarding home possible, all pertaining to 2-4 unit properties. Can a buyer who will occupy use a non-occupying partner to buy the deal and split ownership?Can a buyer who will occupy borrow fund...
Gayle Melnick
Question about financing and debt to income ratio
Hi all,
I'm currently under contract for two single family townhomes. These are my first investment properties and I plan to keep them as rentals. They are both cosmetic rehabs.
I'm using conventional financing with...
Mattison Chayhitz
“Analysis Paralysis” with our first deal
We are VERY new to the real estate community and are looking to purchase a multiunit to buy and hold.... attempt a BRRR.... just nervous to dive into a purchase that wont yield as a profitable investment. Any advice t...