Hello bigger pockets crew! I have a property in Grand Prairie, Texas that was purchased with cash back in April that I'm trying to do a cash out refinance on. This is my first refinance, and the lender I spoke with to...
Hi BP Crew,I want to understand (sorry if this has been asked before) in the BRRRR property is it better to do HELOC instead of Refinance? Usually the refinance has cost like title search, closing cost etc vs HELOC is...
BP Fam,I've run into an interesting dilemma with my primary residence BRRRR/househack: The new ARV will probably be too high for my single income to qualify for DTI ratio requirements for the mortgage post-cash out/re...
Looking to purchase our first single-family home out of state (timeline about 12 months). We want to be conservative so we have been using the 50% rule to practice analyzing various properties. We're finding it very d...
Advice! I have a primary residence, which is a duplex, and was purchased 14 months ago. I would like to purchase another property, how would yo recommend to do it?
I have posted on here previously, but I wanted to extend this message to anyone who has purchased an investment property WITHOUT having >50k in assets and not required to have a family member/friend co-sign for me ...
I have several short term rentals with positive cash flow well over the mortgage payment. When I go to purchase a primary residence on a conventional loan, my DTI ratio is too high because the bank won’t count the sho...
I've looked into it from time to time, as soon as I find a method it ends up getting cancelled or charging a fee that makes it not worth it.Even money orders from USPS using my credit card and sending them in to the m...
Hello friends,
I'm currently in the researching and getting my finances together phase for property #3. I want this property to be a small multifamily (2-3 units). One day on Facebook I saw someone mention a property...
Anyone have experience investing in NYC condos? I am ideally looking for a 2BR or a 1BR that can be converted to a 2BR to rent out and for the rent to cover the monthly expenses. And only looking in Manhattan under ...