I wanted to take a few minutes to write a post about my most recent cash out refinance success story. This post will be two fold, first it will hopefully motivate others to get into buying rentals and refinancing. S...
Back when the 2% rule was very relevant what was the average house prices/rent prices that were meeting the criteria? As prices on houses rose, things leaned more to the 1% rule. Now it is starting to be difficult to ...
Hello all,
A couple of days ago I saw a 2nd position note offered for sale with the following parameters:
Property FMV: $178000
Property location: Illinois
1st mortgage balance: $138000
2nd mortga...
Intentionally waited till after the elections to ask this question. I’m looking for actual info. Anyone jumps on with political agendas I’ll dog them. Was watching a YouTube and they mentioned the fed can’t increase t...
Hi Bigger Pockets! I've been a member for probably about a year now and have done a lot of listening to podcasts and reading forums and books in that time. I very much appreciate all the knowledge so freely shared on ...
Do you folks ask your attorney to review the PPM for an offering you are looking to fund as an investor? I have a 100 pg. PPM memorandum sitting in front of me, and it doesn't sound like the way I'd like to spend my w...
Hello! I hope everyone is staying safe out there during these unprecedented times.I wanted to ask the community, a rough ball park figure on what it would cost to build an ADU of let's say 500 sq. ft. with one bathroo...
Hi all - have not gotten into investing yet but have been wanting to for years just have not had the courage. Been thinking of using heloc on my primary.I pulled out a heloc on my primary home to finish the basement b...
I am a newbie and haven't done a deal other than my primary home which is a long term BRRR! I am trying to get financing in place, or at least identify the institutions that I want to work with, so I spoke with the fi...