Hello,It's been a while since I've posted and this may be a dumb question but I wanted some clarity on this topic.I know a cash out refinance is a way to pull out built up equity in your home and I know that delayed f...
I have a duplex with 266k left on FHA 3.5% mortgage and 30k HELOC. It's currently valued at least 400k. I'm looking to consolidate the two for two goals for more cash flow:
1) Eliminate PMI (approx $200)
2) Eliminat...
There is always the debate which is the better direction. I see some borrowers handling both. Then some focusing on one or the other.Where do you think is the point when a borrower should consider to Model out of SFR ...
My wife and I definitely didn't know about the BRRR method when we began buying rentals and are now wondering how we can take our current situation and start freeing up our money to buy more.....or maybe even using ou...
Here's my situation. I have 9 SFR
rentals in Arizona. I'm in a good spot - decent equity, lowish
interest, etc. I'm very interested in acquiring more and really
expanding my portfolio. I could cash out refi and ...
Looking for ideas on how to leverage $70K from a cash refi.
I am considering a cash-out refi ($70K) on one of my rental properties. The mortgage would be about the same. The current mortgage is ~$611, and the new m...
This year's HGTV dream home giveaway is in one of my all time favorite places (Northwest Montana - Whitefish). The prize includes a roughly $2 million dollar home, some cash, and a car. If you won, what would you do? ...
I want to invest in small multifamily to start my investing journey. I've lived in the same spot my entire 20 years on this earth. One thing I'm struggling with is finding out the ins and out of my market. I feel like...
We discussed this in the office, so I thought I'd write it down. Something to keep in mind when running the numbers on BRRRR property:
1. Rent after the renovations is a key number to have dialed in. The rent will de...
Hello everyone. I'm in the decision stage about my first flip and I'd like to get an outside opinion on it. It's a 3BR+1BAHere are the numbers: Purchase: 30kRehab: 35k C.C: 3KPotential Rent: 1,000 Taxes: 456Insurance:...