Brandon Taylor
david greene's argument for paying down mortgage faster
In David Greene's book "Long Distance Real Estate Investing" (which is awesome, btw) I saw an argument that I didn't understand fully, which is basically "you should overpay on your mortgages to refinance them faster ...
Emanuel Caldera
Question about what I should do with my first Rental in Denver!
Hello Everyone, I am wanting to get some insight as to what others would do in my situation. I have a home that I own in the Denver area and currently have about 250k in equity after paying the agent fees. In todays m...
Josselyne Lugo
Deal or no deal?
Hello Bp!I'm am currently in the process of putting a home under contract,however I'm not too sure if this would be considered a deal. These are the numbers:ARV: 100kRepairs: >5kPrice: 73kThe home is tenant occupie...
Account Closed
HELOC to replace my current mortgage
I have recently purchased a condominium as my primary residence in August 2018. I am on a 30-year fixed with 4.75% interest rate. Can I replace my current mortgage with a first lien HELOC? I tried a few times to obtai...
Marc Knapp
Please offer input on a unique lending situation
Dear BP Community:We are buyers on a property where the appraiser unexpectedly appraised the property to be in Below Average Condition. Our lender informed us that in order to qualify for a conventional loan, the prop...
Account Closed
22, no debt, income increasing- when to jump in?
Hey all! This is my first post. At first I wrote this really long post but it was about 15 paragraphs so I synthesized it into three pretty relevant questions. If you had $25k at age 22 what would you do with it?If yo...
Jenisis Roper
Refiance VA Loan or Heloc help!!!
Hi Guys!
I have a question. I am a veteran and used my va loan to purchase our first house with my husband. We want to refinance our current home to buy a rental in Cleveland.
My husband and I are in a pickle and ...
Alex Corral
Cash reserves vs HELOC
Say for example you have $100k in cash reserves, and also have $200k equity in your personal home. You want to buy a few homes for buy & hold rentals.
Is it better to first take out a HELOC, before using your ca...
Michelle D T.
Need Creative Deal Suggestion for Buy and Lease Option
Hi!My partner and I found a great property and need help structuring the deal. Here's some details but let me know if I missed something relevant. The property consists of 5 lots: Lots 1-3 include the main home and tw...
Nick Johnson
HCOL house hacking
Hello,I made a beginner post recently about trying to break into real estate investing and had a lot of helpful responses. I live in a HCOL area (NY) and thought the only way to get a deal is to do it out of state. Ma...