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Results (10,000+)
Joe S. Are second lings still a thing on investment properties?
21 November 2024 | 6 replies
. :)  dont know the answer but if I was guess there is probably some lenders that do it with sufficient equity.
Cian DeBaldo Ready to dip our toes in the real estate pool
29 October 2024 | 4 replies
I’m new to the community as well as real estate investing.  
Bruce Schussler To cash-out refinance -or- keep positive cash-flow on a rental
21 November 2024 | 1 reply
Quote from @Bruce Schussler: A lot of Podcasts and Youtuber's say to cash-out refinance to keep rents balanced with payment; (PITI) then use those funds strategically to re-invest either in more real estate or just put into a high interest bearing account or money market account...Here's some of my thoughts and comparisons;Cash-out refinance with new loan so rents balance with payment:- The cash-out refinance is 100% tax free- The funds can be put into a money-market account off-setting a portion of the interest charge of loan- The loan balance gets eventually destroyed by inflation- The liquid cash eventually gets destroyed by inflation - The interest on the new loan can be deducted from the rent income- The refinance costs are 3-4% of the total- There is less equity in the property and LLC that can be attached in case of a lawsuit- The break-even on cash-out refinance with current interest costs on the new loan is around 12 years Vs.Paid-off property with positive cash flow:- The positive rent income is 100% taxable minus only depreciation and property tax- There is more equity in the property and LLC that can be attached with a lawsuit- The break even is not until after 12 years at today's interest rates- There is a rate risk in today's inflationary environment where interest rates on bonds keep rising*It appears to me that the cash-out refi is in the best interest for a property investor; (Dave Ramsey would strongly disagree!)
Lori Brock WREIN, Kelton Todd, Tresa Todd-Lugten
29 October 2024 | 131 replies
Please be cautious and discerning.
Russell Fleming Becoming a real estate agent (SC)
21 November 2024 | 2 replies
Are you in the process of taking the licensing class now?
Karl Szymanski Hello BiggerPockets! New PRO here
28 October 2024 | 9 replies
Hello to the BiggerPockets community.
Thomas McPherson Feds Cut Rates Again - Predictions for New Office
21 November 2024 | 7 replies
The Fed’s moves often ripple through credit markets, and the jump in the 10Y yield has definitely hurt affordability.
Bob Billingtonz Asking tenant to resign lease due to void lease
29 October 2024 | 5 replies
If the only issue is with who pays attorney fees, that doesn't void the whole lease agreement.
Anne Christensen Our Why and the Best Strategy to Acheive Our Retirement Goals
29 October 2024 | 11 replies
I started investing at the age of 47.