Jess Jones
Advice for refinance options
Hey all. I'm new to real estate investing and am looking to purchase my first BRRRR in the next couple months. I'm pre-approved through a local bank that has a line of credit designed specifically for these type of in...
Mike Lettko
What the play here? Sell or Rent first home?
Looking for some opinions on what the best approach may be in this situation. I decided to sell my first home, and buy a new home, feeling like the market isn't terrible as a buyer if you are also selling. Under contr...
Ericka G.
Awesome Deal (See Numbers) Stalled by Financing - What Next?
Last year, I stumbled upon a really solid niche investment opportunity - airline crashpads - and am on the cusp of closing a great deal BUT was turned down by my bank for the financing. This would be my 3rd deal in th...
Brandon Schlichter
Rental property CASHflow.......
Hi there, I've posted a few messages in the past, and wanted your opinnion.
I've talked to plenty of landlords in my local marketplace, and it seems that the majority of the landlords have the SAME mindset.
Most lan...
Jesse Waters
Down Payment Downer
Been investing a while, but new to BP.I am looking for another property, I don't have a preference if its single family or a quad. Both fit into my strategy. My current dilemma is that every bank & lender that ...
Joshua Nicholas
First deal, bad credit and large opportunity
Hi everyone,I'm looking to purchase my first MF deal and I was hoping the Bigger Pockets community could help me with some issues I'm facing. Brief intro, I'm 27 and I became a commercial real estate agent last year. ...
Timothy Petty
Selling Home- Investor wants me to keep mortgage and her pay it.
I currently have a VA loan in Fayetteville, North Carolina. I currently have my home on the market and have received an offer from an investor. Here is the E-mail I received from the real estate agent. "I do have an i...
Steve Kirsch
options of a reverse mortgage
Hello BP Peers,I have a relative who is looking to move and retire to another state from where she resides. She has a condo now with a remaining mortgage of about $100K. The condo's un-appraised value is approx $250K....
Wayne Solum
First investment property - Paying points to get 5%. Why?
I'm going through the loan documents and noticed I'm paying for 3.376 discount points to get a rate of 5%. I have a FICO of 814, excellent credit history, and interest rates are low - why am I having to pay points to...
Shannon Cannon
FHA mortgages for duplexes
Hello! So I feel like I'm finally making some traction with buying rental properties but not sure where to go from here. My husband and I just purchased 1 side of a duplex with cash. We are looking at 4 more units t...