Michael R.
Home Equity Loan or Save
Hi All,
I purchased a 2 family house that I am living in. I have 200k equity in the house, 450k purchase price and the tenant is covering all but about $600 per month in living costs including utilities. I wa...
Curtis K.
Good cash-on-cash % but repairs crush cash flow
I bought my primary residence two years ago using a FHA loan so I only had to put 3.5% down. I did some minor DIY repairs when I moved in and now I am thinking of renting or selling it. All in costs for my house (no...
Lumi Ispas
What mistakes I see people making in house hacking. What's yours?
If you are getting started in house hacking or you are planning to do more this is for you.After house hacking 4 properties and selling hundreds by now to my clients, I see a lot of people not understanding how to imp...
John Semioli
Using Equity in primary home to purchase STR investment?
My wife and I have a paid off home that will probably appraise in the range of $1.1M to $1.2M. Our Financial Freedom plan has us looking to purchase one STR investment home per year. (We purchase our first one last ...
Alba Cheung
cash out refinancing, should I use interest-only option?
Hi, I have 2 rentals in GA with about a total 150K equity. Both rentals have good cash flows, and both loans are in 4% interest range. Should I refinance them and use the interest-only option? I need cash to reinves...
Justin Campiotti
Should I cash out???
Hello BP,
I have an investing dilemma. I have only one investment property, a rental which I own outright, but I would like to expand my real estate portfolio . Does it make sense to pull money out with a 70%...
Brian Nangle
Turning my primary Residence into my first rental.
Well i don't have much experience in the real estate world but as of January 1st of 2016 my previous home in Alamogordo NM is rented out on a 3 year lease and is cash flow positive. I bought the property in 2013 as a...
Drew Clayton
HELOC vs. Cash-out Refi on primary residence
I'm stuck in decision limbo on whether to use a HELOC or cash-out refi on my primary residence to fund my first investment property
I know all the basic benefits of the two options, HOWEVER ... I feel like this being...
Tiffany Davidson
Interest only loan for property?
I’m new to this industry! I’ve been soaking up as much knowledge as I can before purchasing my first property. I’ve been going over the types of loans and I came across an interest only mortgage. I’m curious to know h...
Albert L.
my (probably) unrealistic plan to give away a million dollars
Hey folks, wanted to get a sanity check on a 13 year old plan i put together to generate 85k/month. i know i know, it's crazy and it's going to take a ridiculous amount of long term focus, sacrifice and hard rock. Lik...