Hello everyone, I'm considering using a heloc for a downpayment on my first property, however every time I run the numbers through the rental property calculator, the monthly cash flow in usually under $100. I unders...
Hi,
I'm looking for an idea of what kind of financing I can get. I'm looking to quit my job in about 6 months, so need to make my purchases one after another until I'm tapped out because after that loans won't be an...
So I screwed up last year, or at least according to my current strategy. I refi'd my 30yr mortgage on rental property down to a 15yr, and paid points to get down to 3.5% interest.
Now I'm wishing I pulled cash out s...
Alright, so it might not be "breaking news" but it's news to some. So many of the threads and forums I’ve read since joining BP in 2018 have pushed the power of leverage and maintaining a high LTV to boost your ROI a...
Hey everyone,I bought my first property a four-plex in March, and I am trying to figure out the best strategy for my next step and how to get ready for it when that oppurtunity comes. I got an FHA loan for the propert...
My partner and I closed on our first 3 rental properties between March 15th and April 27th. All 3 properties were purchased with cash and placed in our LLC. We have not been able to find a lender that will cash out re...
I own a SFR in Union city, CA. Its market value is 1.1Million. I have a 30 year fixed mortgage at 3.375% on it. Outstanding balance is 470k. I have been renting it out in the range of 3500 to 3900 per month for past 5...
Hello BP family,
I would like to know the best way to move forward. We presently own 6 rental properties (townhomes) and have done fairly well keeping them rented for the past 4 years. Now we would like to bu...
Do you guys have suggestions, advice, or comments on my strategy and my insight on REI??My Rundown:- My wife and I want to invest in Buy and Hold Single Family Homes for passive income to eventually retire. We are co...
Hey to the amazing BP community. Need some help with $$$ questions.I'm in the process of purchasing my first SFH (buy and hold) properties in Florida and curious about financing. To close fast and get better pricing...