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Hello! I've been flipping houses for 3 years and just recently began holding onto some of the better properties (CAP rate) for rentals. On the BP podcast I keep hearing how all the guests refinance their properties af...
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Hey Guys,I am wondering how do you refinance a loan when you buy a single family home using the BRRRR method and how do you get the money back from your downpayment
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Hey folks,I got a deal thats looks pretty good in terms of numbers. Let me know if you think other wise.On a 30 yr loandownpayment: $19,400total cash outlay: ~$25,800monthly cash flow: $297.18yearly cash flow:$3,566.1...
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Let me start with I am currently in Boston area where a 3 family home costs 1-1.5M on average. I am curious if I were to convert a 3 family home into condos would I be able to refinance each condo to get 75% LTV and i...
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I’m newish to bigger pockets...
I am in contract on a 4 unit property, there is a potential unit in the basement and attic, they’re already metered, and they both have water. I am posting because I wanted to know if ...
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Hello All,I live in the Houston area and own a company called Galveston Co. Rentals. I have been buying homes since 2008. I have purchased over 25 but sold some along the way. Right now I am sitting on 20 paid off ...
My husband and I purchased a property last month in Detroit. We paid cash ($20k) with the intent to refinance the deal and purchase another. Our goal is to hold for passive income. I have another one under contract...
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Hello All! I’m currently trying to find a way to get my second property and I’ve come to the conclusion I’d like to refi my first property and use it as the tool to get another going! However, it would be my first tim...
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Three years ago, I invested in my first property as a primary residence, a duplex in NY that is worth about $125k and I owe about $74k on it. At the time, I didn't know much about the power of HELOCs and ended up goin...
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3 units, all 1/1Purchase price 100k2 units currently occupied, 1 vacantProperty is in a solid part of Baltimore, very close to the zooMy plan would be to spend about 10k on the vacant unit, and then renting it. I'm es...