So i have alot of equity built up in my cabin, i paid 292 for it at a 2.8 interest rate back in 2020. Now it appraised for 600. So my question how do i tap into that equity without loosing my interest rate? I've thoug...
Hi,i own 590k on my primary residency and its worth bout 1.5mil. Mortgage is $2500 per month, and we take home after taxes 11k per month. credit score around 750 ficoI have about 250k in debt that its keeping me up at...
Coming from the institutional SFR space, pencils are still down (for the most part). The few areas I've seen some continued activity are institutional funds that are related to foreign LPs (i.e.sovereign wealth funds)...
I’m interested in purchasing an STR in the Smokey Mountains for the lowest purchase price possible. I’m thinking somewhere in the 400k range might be my max budget. I’m interested in doing a vacation home loan with 10...
Hi All, so i posted last week that i have several free and clear properties that I would like to tap into the equity to buy an additional property. Problem is that in Texas by law they don't offer HELOC's on investmen...
So I've been doing some digging and reading on the use of leverage and how to use it properly to exponentially increase your ROI. I've written out a hypothetical deal below in which I use the BRRR method to purchase,...
seeking guidance currently house hacking my home has value of $250,000 and equity of $39,000 is there any way I can tap into that
equity for my second property.
Hi, BP Members.Long time lurker, first time poster here. My brother and I want to team up to flip houses, and we have about 85K in cash to leverage to get started. We thought we'd start in the DC area because that's...
When I first started investing in real estate, I always read that you should have your properties in LLCs to protect your personal assets. Now that I have some equity built up and want to pull some using a HELOC to pu...
What’s the pros and cons? Thank you!