Sandeep Roy
Advice on Problem or Potential with House with no Central AC
BP Gurus,I appreciate for all the knowledge on BP forums. I am newbie from St. Louis, came across a deal on a older brick house (~1938) in decent condition except that it has no Central AC. It do has a central heating...
Dionne Rodriguez
Renovate the basement or purchase another multi family
Hello I live around the Boston area and bought my first triplex with a standard fha loan, it’s been one year with the property so I can move out of it. I was wondering if it made more sense to renovate the basement an...
Bradley Langenberg
Ideas for Cash before Refi on my Primary Residence
Here is the gist: I plan on refinancing my primary in 5 months. What could I do with my liquid cash in the meantime?Background(Reason for refi and timing of it): I live in my primary residence that I bought in March 2...
Jeff Bethke
Best way to pull equity from primary residence
I have roughly $100k in equity, and a 3.375% 30-year rate. Is there a good strategy to most efficiently pull about 75k out to buy some SFH? I’m wondering is banks ever modify mortgages without a bunch of added costs. ...
Pete Storseth
Last chance to apply for credit lines?
With all the Coronavirus inspired loans, backlogged refinance applications, and stalled mortgage applications for purchases, are lenders still taking applications for personal lines of credit? I feel like they may jus...
Colleen Keenan
Low income 1099 employee starting out on REI
Hello!I’m looking to start my REI career. I work in clinical healthcare and I’ve been unhappy so I’m looking for change. I’ve been a part time contract worker the past year and have done my taxes which show my Adjuste...
Brian Phillips
Looking for some advice
Im a light dabbler in real estate. Looking to move up to commerical. Thanks everyone for previous help. I have enough capital to get this property with no loan required. 600,000+ capital. Also 20% reserves for cap...
Jose Corbera
Under contract and now the issues start rolling in...
Hi All,I'm under contract for my first property that should close within the next couple of weeks. It's in a fantastic location, perfect for the type of tenants I'd like to attract. it seems the electrical panel is a ...
Account Closed
Know Your Rental Expenses to Ensure Healthy Cash Flow - Article
Being a landlord can be a lucrative proposition, but unforeseen expenditures can put a damper on profits if they aren't calculated into the rent beforehand. The reality is that the costs of a rental property extend fa...
Hung T Nguyen
Buying Property in high Unemployment area/low population growth
I've read in numerous places not to buy/invest into a high unemployment area or low population growth area. But does that strategy actually apply to a well-known tourist attraction city? (For ex: Las Vegas)There are a...