Fernando Martin-Gullans
Help me use my equity to scale my portfolio
10 January 2025 | 3 replies
Here’s some context: Property 1: >$100k in EquityValue: $325kDebt: $220k @ 2.88% (30-year fixed)Property 2: >$70k in EquityValue: $325kDebt: $252k @ 3.38% (30-year fixed)Extra considerations: - I have $15-20k liquid to use for any of these deals- My current job is relatively stable, but not high-payin- Current properties in TX, living in NY, looking to invest in Mid-West (crazy, I know)- No other debt obligations besides the two mortgagesUltimate goal/timeline: Though a bit ambitious, I’d love to build up the portfolio to 10-20 units in the next two yearsI understand that any/all replies aren't financial advice; all ideas welcome for information purposes.
Carlos Olarte
Is it worth building Adu's in Orange County / Long beach ?
22 January 2025 | 11 replies
My current purchase (closing in February) is a luxury cabin that will be an STR.
Keyshawn Johnson
Moving to Destin, FL Soon – Looking to House Hack My First Property with VA Loan
22 January 2025 | 3 replies
Hi BiggerPockets Community,I’m currently living in Italy but will be moving to Florida soon, specifically to the Destin area.
Chinku Chinku
Need Advice on refinance and long term plan (First Time Investor)
22 January 2025 | 7 replies
Currently started renting it for 2300$ per month , need your suggestion things I can do to fix my below situation.
Martin Jones
Raising Capital When First Starting Out
16 January 2025 | 4 replies
A great way to get started if you currently have a W2 job is to buy a house hack like a duplex or a fourplex where you can move into one of the units and continue to rent/manage the other units.
Jennifer Turner
How to modify terms of a seller-financed mortgage?
13 January 2025 | 8 replies
Our current mortgage terms include a late fee after 5 days, so they’re already paying extra each month and have to split the total monthly payment up between 2-3 payments when they get their pay check.
Olivia Armstrong
FHA or any options for property with two homes?
14 January 2025 | 2 replies
We’ve found a great option for us in Tennessee with a cabin (currently used as a str) and a mobile home.
Miguel Vasquez
Section 8 related
21 January 2025 | 4 replies
Is this a 2 bedroom apartment that is currently being leased (in the eyes of the CHA) as a 1 bedroom apartment?
Isaiah Cortez
Exploring the Ft. Lauderdale STR Market
21 January 2025 | 4 replies
Major brands like Ritz Carlton and Waldorf Astoria are currently developing property there, where they have traditionally developed in Miami, Fort Laud, and Palm Beach.
Nick D.
Pulling equity out of investment properties under LLC for a DP on a 3-family
17 January 2025 | 14 replies
Hi, long time follower, however not too much on posting.Goal: I’m looking to purchase a 3 family property in central CT.Position: Currently I own two condominiums that are under an LLC.