Nathan Yee
Refinancing an FHA loan: MIP removed + Cash-out Benefit?
Hello BP Community, I'm considering the loan type I want to use for the purchase of my first property. The FHA 203K looks to be the front runner. With a future buy and hold exit strategy in mind, can you cash-out refi...
Olu Oguntoyinbo
Investors in Houston
Hi! Any investor in the Huston area? What database did you find most useful to crunch numbers on if a property is a good deal for a rental investment. Also how did you find rent comps? Let’s connect!
David O.
cons of using HELOC to buy investment property
I am thinking about taking out a HELOC (~$1M) to buy rental properties. I do not have any rental properties in mind yet and am planning to apply for a HELOC, after approval I will then look for suitable properties to ...
Donald Kellogg
Rehab funds wrapped in a HM loan are they counted as a expense?
I flipped a home in Arizona and wrapped 60K rehab funds in the HM loan. Is this a expense or is it counted as a gain at close? If it is a expanse what IRS publication addresses this item? I count cash in and cash out...
Daniel Fisher
What contingencies or "subject to" do you use?
Hey all,I am curious to get some feedback regarding contingencies used when BP members are making offers for property.What contingencies do you use and why? Does it change based on your strategy (Buy and Hold or pure...
Tyler Davis
Housing Price Index Peak
What’s everyone’s thoughts on the crazy run and seaming spike we have in the housing price index? Are we going to have a financial meltdown similar to 2008?
Luke Davis
How much of my own money do I need to put down for wholesaling?
Hello BP, I was wondering how much of my own money I would need to put down to put a property under contract with a wholesale deal?Can you put a property under contract with no money down and then assign it to a cash ...
Tyler D.
How do RCV and ACV insurance policies work in this situation?
I'm In the process of insuring my first property. I found a company that is willing to do ACV (Actual Cash Value) or RCV (Replacement Cost Value) insurance and will give me quotes based on a calculator where I can inp...
Kevin Critchlow
Quit-Claim to Family Trust, with Cash-out Deal. Tax Question.
Hi all,I am looking into quit-claiming my southern California property to my Grandfather's family trust and had a couple questions on any tax situations that might occur. There is $192k left on the mortgage, which wou...
David Goings
Funding deals
Hello all! I am new to Bigger Pockets and this will actually be my first foray into an online community. I have recently left the Army and have been investing my own cash in real estate. Completed two deals thus far, ...