Stephen Daniel Pace
Using a HELOC for first property
Hi BP! I’m looking into getting a HELOC on my primary residence since I have significant equity mainly due to the current market. I’d like to use it as a down payment or cash purchase for my first investment property ...
Justin Hackney
VA Home Loans: what to watch out for
Maybe this describes some Bigger Pocket Profiles as it does myself: 1. Graduated college in <22. Relocated and learning the area (Raleigh is awesome btw... I'm a Savannah, GA native)3. Have worked in North Carolina...
Fernando Asencio
HELP...Need some advice from you guys.. =)
Hello all.. 2 questions.. Property is in the good section of newark1. I have 70k in my savings.. Cant get bank loan because credit cards are too high..(ive been paying myself first and credit cards last like Robert k...
RJ Miller
New to this and need guidance
I'm thinking about getting into real estate investing to supplement, and eventually replace income from my job. But right now, I'm starting from rock bottom. I do have a plan, though it's rather vague at the moment,...
Nicholas Pisano
WHAT WOULD YOU DO? First deal breakdown inside. Second deal advice needed.
Hi all,Here's the current sitch:My fiance and I are under contract on our first property in Ulster County, NY. It is a duplex that we will house-hack. We have two options with financing:20% cash down. Completely dra...
Kirk Graham
Advice On Approach Into Real Estate
I currently own a home in Minneapolis, MN. I bought it two years ago for $223k (mortgage and PMI is about $1465 per month). My wife and I are looking at investing in Real Estate by buying and renting out Single Family...
Cal C.
Reserves are almost an absolute necessity!
They would be an absolute except a few people get lucky and put everything they have into a rental property and nothing goes wrong for a year or two, giving them time to build up cash reserves. Then again a few peopl...
Jack Perfett
What Should I be Doing With My Money?
My name us Jack Perfett and I am a 20 year old college student that lives in Pittsburgh. I currently have no expenses, (college and housing is paid for) and am interning this summer and making decent money. I figured ...
Justin Pumpr
Paying off a partner on a seller financed deal
Hey all,
I want to acquire more proeprties and the best way to do this is with OPM. I'm wondering how you go about paying back the private lender when the property will be a buy & hold.
Example:Purchase a proper...
Alex Pirila
To cash-out or Not To Cash-out?
Hi all,Here is the long and skinny… in 2019 my wife and I purchased a AZ home using a VA loan. After 9 months of sweat equity and renovation, I was offered a great job out of state we did not want to turn down. Fast f...