Paul Clemens
Advice for next steps
Hello all,
I was looking for some advice with possible best next steps to expand on a newbie portfolio with 1 live in duplex (live on bottom, rent the top floor) rental. Especially in this market with high interest r...
Ryan Dunn
What rates are you guys on DSCR loans
Have you guys noticed the rate drops on the DSCR loan side? Or do they keep them higher now thats the 30 year conventional is dropping.
Michael Sontheimer
Kansas City Refinance Question
Hi all. So I have an unusual situation. The first part is NOT unusual, the second part is...
Part 1: I own a small duplex in Missouri. It is worth about 65k and I paid 33k for it. Why so little? Motivated seller and ...
Randy Garcia
Question about Rental Propety
I own a rental property that is bringing me $1250/month in rental income. I do not have a mortgage on the property as I paid for it in cash. Should I keep it as it is or pull the cash out to get another property?
Kirsten Milliken
Who do you turn to for advice on your next purchase?
I currently own 3 SFHs, including my residence. I have an $80k heloc on my primary residence that I took out this year in February to purchase a rental property in IN. The property is valued at $160k. I am planning...
Michael Bracken
Cash out rental v.s. HELOC to raise 💰
Greetings, I would like to raise some money for conventional financing of a duplex or 4 plex.
I have a rental with 110k equity owe 39k 6.5% and a primary residence with 100k equity owe 98k 4.5% 15 year note. If I c...
Austin Brushett
Portfolio lending to buy more units
I am looking to buy an off market duplex in my area and am contemplating trying to package a couple houses together as the collateral for a portfolio loan. One house has a conventional mortgage, one I am working on ri...
David Henry
Cash out Refinance guidelines?
Hi everyone,I'm looking at doing my first cash out refinance. I purchased the property in 2015 for 150k using a conventional loan. Zillow and Redfin think its currently worth ~200k.I plugged their estimate into quicke...
Olu Efunwoye
Need to pull out equity to fund the next deal
I owe a mortgage bal of $126k on a property worth $375k and have about 8 years to pay it off; rate is 3.37%.
I need to tap that equity to purchase other properties. The options I'm considering are:
1. HELOC at 75%...
Katie Helmboldt
Looking for some solid BRRRR numbers on the calculator tool as an example
Hi, folks,I'm working on a deal with a friend and I'm the numbers person on figuring out how to turn a flip project (his usual deal type) into a BRRRR. I wasn't expecting to find a good candidate for this strategy gi...