Hello all, new to the group here. I currently have 6 traditional rental units and looking to potentially refinance one of the properties in order to buy another investment outright. I'm debating a traditional rental i...
Hello - suppose I wanted to purchase a fixer upper with an FHA loan and provide some repairs to the house. What would be the best way for me to then benefit from the new after repair value of the home? Should/can I re...
Hi all, I've stumbled into a BRRRR situation, and I'm looking to tap into my property's equity to fund my next investment. I currently owe $277,000 on 4-plex worth approx. $800,000 after 10 years of appreciation, forc...
Hello BB gurus, I have been reading and absorbing as much as I can into this real estate investing since my primary residence purchase 2 years ago. I live in the Pacific Northwest region with median home price around ...
Hello,I have a question on a scenario:From what I am aware on QM loans, what matters is my credit score (history of paying debt service), my income (W2/DTI), my rental property income (2-years), and cash reserves. Let...
Hi!,Most of HML doesn't have prepayment penalty , does that mean i can refinance to a traditional loan after all repairs are done ? ( within few months or so) .Would love to hear your opinions . Thank you so much
Im going to apply for an f.h.a. loan for my first brrr property.My question is should I get an LLC or not, and why or why not?
Hey everyone! I’m just deciding to get into real estate. I’m in a position to buy a house and keep my townhouse and rent it out as an income property and while researching all of this I’ve come to the realization that...
My wife and I are looking to purchase this fixer upper for our PRIMARY residence as our first property.We initially wanted to do a house hack but this opportunity came up. The home is about 50% higher then what we wer...
I am considering buying a lot to build a home in a new development. I don't know if I will eventually be the long-term owner but I want to build it that way. I have a current home and the thought of getting a more t...