Apologies if this is the wrong forum, seems like a general question to me?We have a mortgage on our current house. After next summer, we are going to refinance. At that time, we will have around 100K in equity. I'd li...
I don't by any means think this is anything new but wanted to share for those that may have forgot about leverage equity in an owned property to access capital for the next investment. This is a powerful tactic that ...
I started out as a full time agent in CA for a short time in the late aughts (perfect timing!). I saw the writing on the wall and took a wonderful full time job in academia where I have been working for the past deca...
I am looking for advice to begin investing in real estate and would appreciate any assistance you may be able to offer.
Situation
I currently live in my deceased grandfather’s home that is owned free and clear by the...
Hello,I own a SMF (2 units) free and clear (would appraise for 60-70k) and I'm looking for a way to pull money towards my next deal. I've reached out to a few small banks and i got the same answer "we don't lend below...
Investment Info:
Townhouse buy & hold investment.
Purchase price: $355,000
Cash invested: $60,000
First deal: MTR in CO Springs.
What made you interested in investing in this type of dea...
Alright, so it might not be "breaking news" but it's news to some. So many of the threads and forums I’ve read since joining BP in 2018 have pushed the power of leverage and maintaining a high LTV to boost your ROI a...
I've read a lot of material on self directed (including checkbook) options but still not sure the best approach. Would appreciate any advice. My situation: Currently employed. Have a large 401k from 7yrs at current co...
Good morning.Wishing you all a great day and an awesome weekend. Looking forward to working with Biggerpockets and building a great relationsh...
What is Considered Being "Over-Leveraged" in Real Estate Terms?With all of the different financing options out there, I was curious as to what would be consider being over-leveraged for a Flip-to-Hold strategy? I know...