Lin Yin
Cash out from down-payment and continue buying?
Guys,I am new to real estate and to this forum as well. I am in the Boston area. So I plan toget together more than 500k, put down 20-25% on 300k properties and buy 6-7 of them and rent them out.My question is, is the...
Jessica Mowery
Land in Lieu of cash down payment question
Hello! I know one can do a land in lieu of cash down payment for a construction loan for building on the land. Has anyone ever heard of using land in lieu of cash down payment when purchasing an existing house that ha...
Fred Buechel
HELOC.. Use for cash purchase or down payment?
Hello BP!!I’m just now getting into the rental world. I’ll be getting my initial funds from a HELOC on my primary residence. I have access to about $70k. I’m looking to purchase my first investment property, looking i...
Robert Crossman
Cash out refi or refi and lower payment?
I have 1 rental property in Kentucky. The rent is currently 1150 a month giving us 1020 after property management fees. The rent is going up next week to 1250 but we have a few repairs needed. Some flooring work and b...
Brandon Bitz
refi for down payment. or total cash price?
lets say you have $300,000 in trapped equity and want to buy your first rental for $125,000. is it smarter to refi for 50K so you have a down payment plus emergency spending. is it smarter to refi the total 125K and b...
Cole Black
Cash flow reinvest or save for down payment
Ok let’s say I have a mortgage on a house amortized for 30 years. The property earns about $300 a month in positive cash flow. I would like to reinvest this money but would like to know where it’s better off. Should I...
Menalik Archer
Business Credit converted to Cash for Down Payment
I have 23k in business credit that I want to use for a down payment on an investment property. I have some cash as well. I've been following this other popular investor on Youtube and this is the method he uses to acq...
Mo Maktari
Use HELOC as down payment or cash purchase?
Hi guys! Newbie investor here! I just closed on a HELOC of my primary here in Tampa, FL and was able to pull $185k. As you all know the market here is crazy and homes are on a steady incline. My wife and I are followi...
Norberto Murillo Jr
Cash-Out Refi or Refi to Lower Payment
I have 3 properties (CA & NC). Should I refi and get extra cash immediately or should I refinance and lower my payment to build better cash flow?
CA House 1 rents for $2,310 my mortgage is $1,362 @ 6% ARM. PM t...
Samuel Persson
Cash out refi for down payment. Covid rules?
We are looking to use a cash out refinance on our current home. We have a second home we are interested in and would move to. We would rent our current home. I spoke with a loan broker and the cash out refi is not a ...