Hey Experts. Im looking for opinions on how to view a friend's position, pros/cons and ways to think of their next step. Due to his first rental being his old primary, there is quite a bit of equity in it. It would...
Hello all, I'm looking for some advice on Turnkey investing for a rental property. I was thinking about taking a HELOC on my primary residence to find the investment. Currently we have about $250k in equity. I was loo...
Afternoon everyone!In my old highschool, our personal finance class revolved around a curriculum from Dave Ramsey, who bad mouthed mortgages and everything. Is there a difference between having mortgages for your pers...
Howdy All,I've recently been focusing on seller financing models and the determination of a maximum allowable offer. My commercial lender will provide up to 75% LTV and will allow the seller to carry back the differen...
Hello Forum,
I am very new to real estate investing. I have an investment property, cash paid, in Hoffman Estates (a suburb of Chicago), IL. I live in Peoria witch is about 2 and 1/2 hours away from Chicago.
I am pl...
I am looking to use a VA home loan in the next 3 months on a multifamily property (mostly looking for 3-4 units). I have read the Bigger Pockets House Hacking Book and the general Bigger Pockets book on Rental Propert...
We currently have two rental houses. I'm wondering about refinancing our primary house to free up a line of credit to purchase another property. What are the downsides to refinancing? We have two mortgages on two sepa...
I bought a SFH early this year as an owner occupied property.. Before, I was living in a company apartment above my place of work. Well shortly after buying the home I started having troubles with an employee (drink...
Question: Is a short term rental in an area historically riddle with crime but going through a gentrification/revitalization process a good idea?Context: Hey all! I am looking to get started in real estate via house h...
I own three homes with three different mortgages. Now I feel like I start paying off one property so I won't find myself in any future financial issues. What should I pay off first. Here is the details
1 my home - $2...