We were planning on buying another house to move into and rent out our current home. Our home has about 200k of equity and will cash flow around $1100 a month covering most of the mortgage on the new house. We want to...
I am a 33 year old, with $98,000 in student/car loan debt with an average interest rate of 6%. I have been working and saving all I can for the past 3 years and I have $50,000 saved until now. I am debating whether I ...
Hi everyone,I purchased my primary resident in Queens, NY about 5 years ago. Thanks to crazy NY Real estate market, I have significant amount of equity on my PR which i'm considering tapping into to invest in other r...
Good Day to those of you who would stop by and read this. Recently the city of Detroit has taken quite a few hits on the investment front. A lot of the stories and threads out there, have depicted the industry her...
I feel like I have WAY too much equity sitting and doing nothing for me across my 5 LTR properties:
* Rental A: 235k (Market: 440k)
* Rental B: 140k (Market: 210k)
* Rental C: 130k (Market: 200k)
* Rental D: 75k (...
Greetings BP!I posted a previous question regarding using equity in a SFH rental I have in San Diego. Its worth 500k and I owe 220k. It is in a 15 year loan with 9 years left. previous question was let it ride or u...
Hey BP,My Fiance and I are looking for our first property here in Denver and we are thinking of going the FHA route. We recently were introduced to a 100% Mortgage Package with a Credit Union. My basic understanding o...
Morning everyone!
I am looking into a turnkey 3/2 SF Home (1440sqft) with a detached studio garage apartment(400sq ft) in Houston. Below is what I compiled. Is there anything I am missing? Anyone have comments on the...
Hopefully I am In the right place for this question.
I own my first home with no mortgage or anything. I am guessing that it was worth about 200k since the last few properties near by have been sold around there. I a...
Hello BP,
So I have a sfh rental property that I am expecting to pay off fully in a few months. My plan is to use the equity in the rental to purchase additional rental property. What is the best way to pull cash ou...