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 ...
Jonathan Tavarez
Multiple mortgages with $100K cash for down payments
Hi BP family,I'm on the process of getting refinance cash from a property that will total $100K and I wanted to jump in to affordable housing. My strategy was to get as many properties as possible with the $100K putt...
Ryen Farnworth
HELOC or cash on hand for down payment
Hello! This is my first post here. I’m currently living in a rental, own a property that is rented out and buying a new primary residence. I’m trying to figure out if I should use the cash reserves I have for a down p...
Zac Kucharek
No cash flow with FHA down payment 3.5%
Hey rookie here going to invest this year!I am analyzing deals on local MLS and Zillow properties for multi family properties. I am wanting to do a House Hack this year and am analyzing as I build up a down payment fo...
Seth Liebert
Creative ways to get down payments/reserve cash?
I’m looking to flip some houses as soon as possible. Got my LLC, business bank account, contractors, lawyer all lined up. Even got a $30k loan from a family member. Working with a national wholesaler and a hard money ...
Joe Battung
Down payment strategies...limited cash, please help/share
I'm looking to purchase a new primary residence in Scottsdale, AZ that would double as a Short Term Vacation Rental when I travel for work but I have VERY limited cash for a down payment. I currently own one STVR tha...
Michael Wnek
Savings/ Cash Flow Reinvestment Strategies for down payments
I'm interested in hearing what Savings strategies you have used to save up for down payments for new properties. Same question for where to park positive cash flow? Savings Account? CDs? reinvest in other markets? Rig...
Pirom Ting
Credit cards cash advance to fund down payment
My wife and I are thinking to take out cash advances from her credits cards, to gift over to my account for a down payment on an investment property. We're looking to get $15K-$20K out of it.We're looking for advice o...