James Morin
House Hacking Question!
Hi everyone this is my first BP post! I just recently purchased my first property, it is a 3 family in Worcester, MA. My question is, if I am living in one of the units and renting out the others should I be cashflow ...
Mike Szabo
Sell or keep our old residence as a long term rental
My wife and I moved up to North Carolina from Florida about 1 year ago. When we moved we decided to rent the house we were living in for the past 9 years. We have had it rented for a year now with no issues but I keep...
Todd Smith
HELOC risk and downside
All I here about is how great HELOC is- How about the downsides: 1) variable rate 2) risk your home if used 3) tax deductible only if used on the same dwelling
Scott Zach
Partnering with a Realtor
I have been introduced to a concept where the realtor used leaves some or all of their commission in the deal in exchange for a small piece of the action. Example: $100,000 house, 80% LTV, so I $20,000 required downp...
Account Closed
New loan or home equity loan/refinance
I have my primary home and one rental property. I have 100k equity in primary and 200k equity in rental house. I would like to buy another house before rates go up, probably live in it and turn my current house into a...
Gilles D.
Leveraging paid off properties
Hello BP Fam!
I currently have 3 rental properties, all SFH. In total I’m looking at about 2M USD in equity.
The properties do not have a mortgage on them.
I am an international investor therefore I do not qual...
Will Morrison
House Hacking Weaverville, NC
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $406,800
Cash invested: $44,296
My wife and I recently closed on a property in Weaverville NC that will serve as ou...
Will Morrison
House Hacking Weaverville, NC
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $406,800
Cash invested: $44,296
My wife and I recently closed on a property in Weaverville NC that will serve as ou...
Dainen VanGorkom
Working with the City in Highlands Area
Hey BP,An opportunity came up to purchase a property in the West Highlands area in Denver, Colorado. I know it is a great location however the home is old and needs to be scraped or extensive remodel. I was wondering ...
Ryan Baxley
Alternative Financing in the New Year
Seller financing: it’s something you’ve likely never heard about. However, many people are turning to this useful tactic when acquiring a home either for themselves/their family, or as rental property. So, what is sel...