Tom Cotter
How to best utilize $175k of equity?
Hello BP,My current situation:I live in Northern VA, I have a rental property here with about $175K in equity and have my primary residence with about $60K in equity. (These numbers are base on my principal balance ag...
Ronshay McBridge
NEED A HANDHOLDER TO GET STARTED
Im new to REI and I don't know where to start I have a FHA loan on my primary home and 15k in equity in the house not much had the home since April 2017 I have a great paying W2 and they pay for my housing I have 50k ...
Andrea S.
How do you approach a house you’re going to live in
How do you approach a house you’re going to live in.We are getting ready to bid on a property that instead of renting we are thinking about living in for a few year (5-7).It will be a rental till my husband retires fo...
Andy Collins
Accessing home equity options
I became a landlord by accident years back when I moved out of a condo and into a SFR and started renting it. I now want to proactively invest in more properties, but feel I need to access the equity in my condo or S...
Jonathan Perez
I own 2 properties. What should I do next with a heloc?
Hello everyone, Ive been a long time lurker on these forums, but usually never post. I live 20 minutes East of Los Angeles and Today I wanted to reach out for some advice. I currently own a duplex and a condo. I have ...
Jason L.
What would you do?
I'm currently renting a place due to selling my home while anticipating a job offer, which I found out a few days ago I did not get. Now, I have two options to use my VA loan. The 1st option would allow me to close o...
Brendan Chase
Too much equity………….
I’m around 40%ltv on my 7 unit portfolio at this point. (Four properties). I finally finished renovating the last unit and am currently at full capacity with all units having been renovated within the last three years...
Simon Terrazas Jr.
Brrr Method and Heloc Clarification, Please...
Can somebody please clarify the HELOC for me, please? I'm going to be closing on my 1st rental property on May 1st. Upon closing, I will instantly have approximately 50K in equity in the house. I was under the impr...
Doug DeVore
Is it better to mortgage one property or several? I paid cash.
Hello all - first time poster. Been lurking for a bit and have even been to a meetup.I have a property with $400k-$500k in equity and have paid cash for another property that I rehabbed and rented. I was planning on...
Lance W.
Start investing with home equity as stsrter
Will be closing on our first home in a couple of weeks as we have purchssed from my father.He has gifted us $40,000 in equity and financed $40,000 with 0 % interest leaving us with a $100,000 morgage. The house appr...