Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Hank Bank Starting My Real Estate Journey: How Can I Leverage a Paid-Off Townhome?
24 January 2025 | 11 replies
A HELOC or cash-out refinance is definitely worth exploring if you want to free up capital for more investments, but make sure it fits your goals and comfort level.
Surya S Kumaresan Newbie - Here to learn about Rentals, House Hacking and Flipping!!
29 January 2025 | 4 replies
To fund your next deal, explore conventional loans (15-25% down), FHA loans (3.5% down for house hacking), DSCR loans (based on rental income), or HELOC/cash-out refinance if you have equity.
Logan Barwick How would you invest
27 January 2025 | 3 replies
Build - rent - refinance -repeat. in columbus ohio you are buying old houses that are 1900 or 1920 or 1940 and you are in a sellers market. on the other hand you can source land which is a buyers market and build single family homes or duplex or triplexes that will return by renting and pulling cash out on a DSCR loan and doing it again. there aren't a lot of strategies that do this. flipping is different. so many risks. but when someone has a well oiled machine it's all good and less risk.
David Cherkowsky Creative Financing for Airbnb in Northern Virginia
6 February 2025 | 5 replies
So I guess one option could be to do a DSCR loan, Airbnb the property in full, and then in the future, refinance into a conventional when my DTI allows me to down the road.
Ashish Wa Buying a rental into a Revocable Living Trust?
16 January 2025 | 3 replies
I understand it become tad difficult to refinance since some lenders wouldn't lend on the home in trust, but is it easy to sell a home in a trust, just like you are buying in a trust?
Donnisha Jones New member looking to learn
27 January 2025 | 1 reply
You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.
Bree Jimenez Hi everyone, excited to be apart of this community.
28 January 2025 | 22 replies
As far as credit, you would want a score above 680 ideally to get the highest loan to value on a cash out refinance, but I would aim higher at 720+ as that comes with a significant rate drop.
Katie Flynn HELOC on Investment Property (NY)
21 January 2025 | 3 replies
It might be a better decision to do a 75% Cashout Refinance.
Shayan Sameer Seeking Advice on Real Estate Investing Strategies
12 January 2025 | 6 replies
If you can shorten the window on the cash out refinance to the next purchase/refinance the rate is not really a factor.
Matthew Posteraro Conservative Scaling for House Hacking
29 January 2025 | 10 replies
There are quite a number of things that can make utilizing an FHA loan more difficult such as more barriers during appraisal, appearance of low qualification/little cash, typically longer closing period, likely higher interest rate, and PMI cannot be dropped without a refinance if 3.5% down.That said, just chain 5% down conventional loans, and make sure your duplexes pay for themselves.