Sarkis Gezalyan
Investing in second property with HELOC
Hello all , Newbie here trying to understand how many mortgages I will be stuck with. Let's say I have a million dollar home, with 500k equity in it. I would like to pull this out with a HELOC and put it as my down pa...
Andrey Rudenko
Housing crisis as incomes do not catch up with home prices
Housing prices, like prices of anything else are driven by the overall supply and demand. The supply is driven by the available inventory while the demand has many input factors in it. Here we will try to see what may...
Matt J.
Best Way to Run Numbers on STR
I've gotten pretty comfortable using the BP calculators for BRRRR deals and traditional buy and holds. But what are some important things to consider when running numbers on STRs? So far, I've been looking at properti...
Robert Laird
Postcards or Yellow Letters? What kind of direct mail campaign has worked for you?
So recently we have been having a discussion here about whether we should invest in postcard mailers or yellow letter mailers. Then the discussion comes down to whether we should pay for a larger quantity of cheaper p...
Ricardo Suris
Feedback/Guidance for Couple Attempting to House-hack in Philly
Hello BP Members!My wife and I are currently trying to start our real estate investment journey by house-hacking a property in Philadelphia, PA. Ideally, it would be a multifamily property, but we are also open to the...
Chris Reichenbach
Hard Money vs. Personal Line of Credit for Rehab
I recently bought a 2 bed 1 bath in Kannapolis, NC. I bought into around $10k of equity with an appraisal of $170,000 and would like to rehab and refinance around the end of 2023 to get my money out and then buy anoth...
Eamon K.
Take action or sit on the sidelines??
Hi folks. I would love to hear your thoughts on the current situation we are in.
My wife and I purchased a primary residence in May 2022 in Ottawa for $510K. Our mortgage was $2K a month when we first purchased but n...
Grant Kemp
How can I get an estimate of what's left on someone's loan?
TBH Financing confuses me a bit, and I live in a non-disclosure state, so here's what I'm looking for to use in my negotiations:
I'd love if there was a tool that could let me put in the known loan amount, and when t...
Benjamin Manibog
Experience with HELOC?
I currently own a home in Riverside County, California (East of Los Angeles). My house is appraised at $450k and I owe $240K currently. I was reading about doing a HELOC in order to make a down payment on another prop...
Jonah Kubath
Refinance Personal Home for First Rental property
I have owned my home for 2 years now. I have roughly 140k in equity and I am looking to do a cash-out refinance. The cash will be used to start the BRRR method. I am looking at houses around 200-300k and then renov...