Stephen Kiser
Cold feet or bad deal?
2 properties for $130,000 1) Single family home- 1,000 sq. ft.- 2/1- Unfinished basement- Acre lot - Could use new roof & HVAC unit (duct work is good) - Two car detached garage with city water tap connected 2) Va...
Jason Carr
Getting funding for Rental Properties
I'm primarily interested in becoming a landlord and purchasing properties to rent. I've been interested in doing real estate investing for quite some time now but money has always been a roadblock for me. I've been ...
Jennifer Van de leur
Tap in on a rental for its equity as down payment along with DSCR Loan
Good afternoon, I am hoping to put down as little as I can for a quadplex. I have like $130k in equity on one of my duplexes and I would love to tap in the equity as a down payment along with DSCR loan. Is it possible...
Miguel A. Martinez
HELOC or Cash-Out Refi?
Hi, guys. Thank you for all your advice. I am looking to tap into my primary residence equity. It's a substantial amount. I will be using the equity to pay off all my personal debt and will have a good amount of cash ...
Jack B.
Realities of cash out refinance after 1031 exchange
I've read/heard that doing a cash out refinance post 1031 exchange can allow you to tap equity tax free. But does it really?It seems you can also not deduct the interest expense tied to the cash you just took out, UNL...
Craig Clark
Personal DTI vs Business DTI (Helocs and Refinances)
Hi BP, I am hoping this is a quick and easy question for the community. Profile:Investor owned LLC -LLC owns 5-6 properties-Investor normally takes every legal write possible so LLC DTI is high-LLC normally has an an...
Steve Y.
Arsenic a Huge Problem?
Hi BP'rs!Has anyone have experience with property that uses well water with has arsenic? I'm in contract with a 4-unit multi-family property in NH and this is the case. It has a very good water treating system in t...
Tony Adams
looking for books on developing multifamily units
I own land that's zone for mixed use building with residential plus retail at the bottom and want to develop it. What books would you recommend that would include information on getting architectural plans/permit, fin...
Patricia Miller
Advice on realistic $/sqft for building a duplex (or 3) in Denver
I'm looking at a property with an existing structure on 1+ acres west of Denver. Sewer/Water/Gas already available, zoned R-2. The land would accommodate subdividing to create 4 lots permitting a duplex on each one or...
Mathew Zorn
Home Equity Questions
I went to my mortgage lender (PennyMac) to use their equity tool. My rental property is estimated at $141,000 and I owe around $126,000 on it. Zillow shows $126,000 (bought the house in 2010 and it dropped 4.1 percen...