Cody Brinkman
Whether or not to pay off student loans...
Hello BP,I'm not brand new to Bigger Pockets, but have yet to ask for input from anybody so I figured I'd jump into the community and see varying opinions about deployment of capital.I just closed on my 2nd Duplex las...
Josh Widener
Equity loan VS refinancing
I am trying to gain knowledge on financing my first investment property. I currently owe 214K on a home valued at 315K. I was considering selling and using the money made to purchase a multi family property. However, ...
Christopher Derr
Higher Cashflow or Higher Cash on Cash?
Property $40,0000 + $3,000 Rehab ($850 Closing) - Rent conservative $700/mo - optimistic $750/mo (its a 3/1 I have a 2/1 close that I rent for $700 right now)Commercial loan from portfolio lender that will finance u...
Brad Willman
Buying first multi. To LLC or not? That is the question.
Hello all, So we have a few sfh rental properties and have kept them in our personal names and carried extra liability (umbrella) insurance for protection. But now we are buying our first 4-plex and are considering pu...
Boo Ja
Potential way of getting two loans at once with min. downpayment
Hi! I've started to look into the real estate investing and I was wondering if there's a way to get 2 loans at once with minimum downpayment.My current plan is to get a multi family property through FHA and that'll ma...
Chandra Towns
Getting Personal Finances in order before Investing
Hello,
I have been reading " The Book on Rental Property Investing: How to Create Wealth with Intelligent Buy & Hold Real Estate Investing". As I'm reading I'm writing my questions down. One question I have is in...
Buddy Holmes
IRS view on Re-financing a Rental Property
Looking for opinions of the tax risk of re-financing a mortgage on a rental property.I have read something about the IRS disallowing interest expense of such refinancing.Cheers,Buddy
Derek McManus
Orlando Multi Family Value Add 5 Plex
Investment Info:
Large multi-family (5+ units) buy & hold investment in Orlando.
Purchase price: $700,000
Cash invested: $108,000
Purchased a value add 5 unit property (3 separate buildings) A l...
Andrea Sleek
My favorite rental at the moment...
Investment Info:
Single-family residence buy & hold investment in Livonia.
Purchase price: $152,000
Cash invested: $4,000
Perfect property for long term rental. Finished basement with extra bath,...
David F.
HELOC for new construction land
OK, I'm getting ready to undergo a new construction. I'm considering using a $180K HELOC on my first home and $120K cash to buy the land since actual construction may not start for a year or more, and $300K will be n...