Adam Craig
Cash out refi on investment property.
Right now I own 12 single family homes in the Cleveland market all financed between 4-5% with most of them on a 30 year term and 2 of them on 20.... All of them cash flow between $200-$450/ month.With my current busin...
Sam Leon
Eliminating animal odor
I inherited a few tenants when I bought a multifamily property.One of the units' existing tenant has two 60-75# dogs and a rabbit. It's a 2/1 about 750SF. She has been there for 2 years when I bought the property th...
Samuel S.
Banks offering investment HELOCS
Hey BP Folks,Wanted to see if anyone has any experience with banks out there (national/regional/ credit unions etc) that are currently offering investment lines of credit? Not sure if this is a thing or not in today'...
Patricia Steiner
Fannie Mae Introduces 5% Down Payment Option for Multifamily Homes; Owner Occupied
For those investors who are looking to acquire and occupy a 2-4 unit MF property, it's going to be a lot easier to do so. Look at this:"In a significant policy change, Fannie Mae has announced that, starting from the...
Justin Phen
First Time House Hack - Multi-family - Building Team Timeline
I'm a young W-2 engineer with a fiancée living in my parents' basement and eager to move out and invest in a multi-family home. From the books and podcasts, we've decided to house hack to start off. From these resourc...
Erin Anderegg
House hack #1 to house hack #2 -FHA questions
Hello!My husband and I have lived in our duplex while house hacking for about 6 months and are initiating plans for our next house hack. Our current mortgage is an FHA loan where we put down 3.5%. We want to do anothe...
Ryan Hourigan
Invest in first rental or buy a primary residence first?
Hi BP community,Would you advise I own a primary resident before I get into real estate investing? I would eventually like to get into the LTR space and build a strong real estate portfolio. My family and I are curren...
David Calhoun
Selling properties and when not to sell
We talk a lot about buying income producing properties. However, when is it a good time to sell a property?
Anthony Leodoro
TROUBLE SECURING HELOC BECAUSE OF Debt/Income RATIO- NEED ADVICE
I am trying to leverage my home's equity to access investment funds but I've run into a road block. I have tier 1 credit and according to the bank there's roughly $140,000 in equity in my home, but my debt to income r...
Timothy Hilario
Real Estate Advice
Hi everyone,I bought my first studio condo in Astoria, NYC, last December. I’m originally from Long Island but have always wanted to buy in NYC and potentially settle here long-term. My plan was to keep the condo as m...