All Forum Posts by: Philip Dalhausser

I'm looking into buying a property with cash at a discounted price. Once I do I'd like to pull out 75%-80% equity. Is it easier to do this than getting a conventional loan? I'm having problems getting conventional financing because I don't have a 9-5 job. Thanks!

I bought a place in Southern California at possibly the worst time in 2007 and I owe more than what it's worth. I moved out in 2012 and have been renting it out since. I have only been making interest only payments because I make about $200 a month. I have a 5 year arm and that ends next year. Should I keep making interest only payments and hope the value of the property increases or.....?? I know there are a lot of options but I'm not sure which one is the best. Any guidance would be great! Thanks!!

Hello I am new to BP. I live in Southern California and I am looking to invest out of state. I am interested in Oklahoma City. Does anyone know any realtors in the area? Thanks!