Hello, I'm trying to understand whether paying off my mortgage balance using a HELOC would make sense.  I am feeling confused about it, because the terms of each are so different.  The mortgage is a long-term, fixed r...

My friend and I are both veterans. We invested in a 3 family property about a year ago now. 100% of my friends VA loan was used, however, I am still on the loan because it was the only way we could get approved for th...

I own a property in Colorado that I was an owner occupant in for 4 years and then moved in with my significant other.  For the past year, it has been a rental that cash flows about $250/month.  I have decided to sell ...

Hi everyone- I have been browsing this site for quite some time and finally decided to join. I have been investing in rental RE since early 2009 and have acquired a number of rentals ranging from SFH to 4 units. I k...

In 2007 I purchased a home for 220k with no money down and an interest only payments for 10 years.  Since then the home is now worth 210k and i am stuck with an interest rate of 6%...  Currently have a renter in there...

Hi,I have a question. Is it possible to negotiate a mortgage rate? What is your comment on this? I was searching for this for a long while. I think the experts here can give an exact answer to this query. Also, I  cam...

My wife and I bought our first house in May 2019 via 25yr Mortgage. I want to get in the investment game and was thinking of buying a duplex, living in one side, renting the other, and renting our current house (4 bed...

When my wife and I purchased 5 homes between 2005/2006, we knew that interest rates were important, but at that time, we were just happy that we could purchase 5 investment properties, especially when many people thou...

Hi bigger pockets, I have 10 plus years of experience as a licensed plumber and have close relations to various trades which helps me greatly as I invest! I am a buy and hold inventor. My market is in the greater Bost...

Originally I was considering starting with a few single family purchases. I'm wondering now if I might be better off doing a multi-family deal first. I know the cashflow can be a bit less overall, and tenant problems ...