Owen Hawbaker
30 year investment mortgage
Struggling to get the cash to start investing in real estate. Got a HELOC so I could pull cash out of my current home but in attempting to get approved for an investment property mortgage my credit union told me I co...
Marc Freislinger
Advertising cash-on-cash
As I understand it, cash-on-cash return is the difference between your annual return and your total investment. I often see properties advertised as 15% - 25% cash on cash return. How can you determine this number wit...
Matt Wells
Should I BRRRR my rental property? Please give me some advice.
My rental was purchased at $117,900 + rehab costs of $17k. I put a 20% down payment on the property with a 30-year loan at 4.5% interest. Closing costs were $5k. The rehab was paid in cash. My intention was not to BRR...
Horacio Gutierrez
How does a ARM 5/1 loan work
In a 5/1 ARM loan can the bank agree to a higher fixed interest rate for a 30 years mortgage when the 5/1 ARM loan is setup or do you have to wait after 5th year and then you will need to refinance into 30 year fixed ...
Grant Livingston
Getting started in wholesaling
Hello all, I have been listening to bp podcast among others, with an interest to build wealth through real estate investing. I currently have a job that I hate and I am looking for a way out of this job ASAP. With thi...
Maria Nelms
Do I keep it, do I sell it, do I 1031 and move on?
Hello! I have a property in Arlington VA that I have owned for over a decade. I decided last year to forgo on taking advantage on the 5 year mark and continue renting it. Rent is an average of $2800 to $3000/ month. R...
Anthony King
Is it ALWAYS best to put least amount down?
What is the best way to compare mortgage options if the down payment and interest rate are dissimilar? I know a lot of people say to put the least amount of your own money into the deal as possible, but that can't alw...
Ashley Rummage
SFH - Triangle area, NC - newbie here
Would love someone to punch holes in this analysis. My goal would be more appreciation due to it being right beside a downtown area that is being revitalized. Brand new but trying to get something going to get in the ...
Emon Thompson
To Sell or to cash out refi
I am a homeowner looking to invest in real estate over the next 2-to 3 years. My home has appreciated about 160k from the high market but my problem is I have about 98K in Vehicle and consumer CC debt. If I sell the h...
Huy Duc Tran
First time homebuyer
Hello BP community,
I have received an inheritance of $200K and saved another $100K, so I plan to buy a duplex after being a renter for 5 years. I plan to make 20% down payment and my current income is $60k/year with...