My wife and I own 6 properties with an average of 50% equity. We have 2 residential properties in high traffic vacation rental destinations that we Airbnb. We own 2 commercial building that we lease out for a profit,...
Hello BP! I am a newbie and I haven't really posted much. I have been on BP for a few months but never really have taken advantage. Here it goes! So I was thinking about putting a property under contract . I am i...
Hello,First time posting here. I have enough money to prepay my mortgage payment for the next 6-12 months and am wondering if it would cut any time off my 30 year mortgage. To be clear, I don't mean throwing a large s...
All, I consider myself a beginner in real estate investing, but savvy in business/finance. I have a RE LLC with each property in an RPT.I own 3 LTR SFHs in North FL that I acquired pre/during-COVID. Estimate there is ...
Hi All,I recently secured my second rental property using a HELOC and now I'm thinking about my next purchase. I've heard of folks using the equity in their rental properties to purchase additional properties and I'm ...
Hi BP friends,
Following some great advice on this thread: https://www.biggerpockets.com/... we are looking into refinancing options to pull equity out of our primary home in SF, and use it to build our investment po...
Hey, this is a throwaway because I feel a bit of shame about my predicament: I’m looking into whether bankruptcy is the best option for me.I am 34, and had accumulated $110,000 of student loan debt and around $15,000 ...
Hello! I'm looking for convincing reasons why I should rent or sell my current condo I live in (which I own completely) once I move out to the new house I just purchasedThe new house (in Queens, NY) is worth 650k. Th...
I have a property under contract, my attorney discovered a home equity line of credit for $30,000 on the property with an additional $10,000 in unpaid fees. This property goes to auction on the 22nd which is Tuesday. ...