All Forum Posts by: Shirley Fanduiz

Thank you for taking time to reply.

I really don't know how much equity I have. My loan modification is set for the life of the loan at 2.12%. I wanted to know if I could pull a HELOC to invest that money into purchasing another property where I could generate passive income. I am paying my BK payments and my mortgage every month.

Shirley

Hello Everyone,

I am a listener of BiggerPockets podcast for a while and I am still new at real estate. I wanted to get some advice. I was not sure if this is the place to post but here it is. I have a primary residence in Lowell, MA. I have a mortgage 30 fixed since 2007 I have never tap into my equity. I had some ups and downs were I had to do loan modifications, the worst of all I had to file for Chapter 13 to keep my Home from previous Ch 7 filed. I am still on my 2yr of my 60month of my ch 13. I went with the first advice with a bankruptcy attorney without learning much. I did not want to lose my home at the time. Now after being in this mess of 2yr paying the court+ my mortgage, what are my options to become an investor? I think I have some kind of equity in my home but I never wanted to use it for anything. After listening to this episode turning your primary residence into a financial freedom.  like more others but I am scared of asking this question and were to start since this is a mess I got myself into for the lack of knowledge. I hear everybody financial freedom and I want to become part of it since I have my home. Help! What advise is for me out there... and if there is hope for me...

Thank you

Shirley

Lowell, MA

Hello Everyone,

I am a listener of BiggerPockets podcast for a while and I am still new at real estate. I wanted to ask this question to get some advice. I was not sure if this is the place to post but here it is. I have a primary residence in Lowell, MA. I have a mortgage 30 fixed since 2007 I have never tap into. I had some up and downs were I had to do loan modifications and the worst of all I had to file for Chapter 13 to keep my Home. I am still on my 2yr of my 60month of my chapter. I am new to all this because I did not want to lose my home. After being in this mess of 2yr paying down + my mortgage what are my options to become an investor? I think I have some kind of equity in my home but I never wanted to use it for anything. I learned in this episode like more others but I am scared of asking this question and were to start since this is a mess I got myself into for the lack of knowledge. I hear everybody financial freedom and I want to become part of it since I have my home. Help! What advise is for me out there... and if there is hope for me...

Thank you 

Shirley 

Lowell, MA

Hello Dick,

I really appreciate your recommendation, Thank you!

Shirley

Hello Robert,

Thank you for your input! I have been doing it myself and It a lot of work!!. Specially I don't know a lot of people in Lowell.

Shirley

Hello BP!!

I am looking for a Property Management. ( I am new to this) to manage my Single family home in Lowell, MA. I will like to get some feedback from Member who are using this service and I need help finding one. Every input I will appreciate..

Thank you,

Shirley Fanduiz

Thank you, Jake, Greg, and Wes for your advice. 

I see how you guys do it! I am not doing this with friends or relatives, which is a good thing. I will mainly go for mature adults (male), and working. This is a good eye opener!

Thanks,

Shirley

What I was referring is by rooms for each person individual that don't know each other. Roommates that are friends and have a history of living together.

I am looking to rent my single family home to roommates. I am new to this, and I wanted to get BP members good advise. I have read some topics in the forum, but wanted to know if it's better to rent by rooms or to roommates?

Thank you everyone!!! 

It's so much information to learn, I am out taken!!! 

Shirley Fanduiz