My wife and I have the opportunity to keep our current home and rent it out while we purchase a new primary residence. Keeping our current home and converting it to a rental would be our 4th rental. It'd cash flow abo...
Thank you in advance for your help! I'm trying to figure out, big picture, if this is worth it and I would DEEPLY appreciate the advice of people who have been working with real estate (investors, financial planners/i...
so, couple months ago i settled multiple unsecured credit cards and now finally they are reporting as closed (by the consumer) and settled (for the amount agreed; a few say for less than the full amount, though).my fi...
I've heard of strategies with people using a LARGE line of credit as their primary financing tool. For example, 5 units at $200,000 each is their collateral for a $1,000,000 line. When the line is paid down enough, ...
For those of you that can tolerate a novel...Here's what's going through this novice investor's mind : ) After a year of REIA meetings & a reading a shelf of books I’ve just gotten my first property under contrac...
We have 2 cash flowing properties. We want to refinance. By consolidating (cashing out from one and pay off another), there is a significant saving monthly. However, this means one properly becomes free and clear. Ha...
Hi, I want to buy a property using either a HELOC or cash out refinance on my primary, then use a 401k loan to cover the rehab expenses. Once rehab is complete, I want to do a cash out refinance on the property and ei...
I was wondering if there is a way to consolidate all three of my mortgages from 3 separate multi family properties into one large mortgage with one interest rate? If so any leads on where to find a lender willing to d...
Hey BP peeps -
I own a 3-flat in Chicago. Live in one apartment, rent out the other two. I've had a lot of work done to this 100 year old building during the 7 years that I've owned it including work to fix gas rel...
Looking at consolidating a few mortgages thats in my name into a commercial loan and possibly under a business name if that's an option. so i guess my questions is, has anyone done this before and what your experience...