Thomas B.
Cash-Out Construction Loan Newbie
I am learning a lot on my 1st Investment property!I initially purchased it as a 2/1 single family needed a complete gut job, using a HELOC from my primary residence with the enough left over to do a budget conscious r...
Tobey Grey
HELOC and Refi to increase liquidity?
I have a 80% LTV on a conventional loan at 3.85%. I'm wondering if it's possible to take advantage of lower rates and do a HELOC at the same time? Is this newbie thinking? I'd like to avoid double appraisal fees, and ...
Craig Barragry
HELOC/AIO for Personal Use
My wife and I bought an investment property in 2021 that currently has an All In One (AIO) loan that we’ve used like a HELOC to buy other investment properties. The AIO is our only debt on the property and is in our p...
Travis Billings
Pay off personal debt before jumping into REI?
Hello BP!!
This is my first post. I've become interested in real estate after talking with a friend about how to get more cash flow. I've been reading many posts and listening to podcasts daily on BP. My goal is to ...
Matt Heath
Acquiring more properties - bank info help
Hello,I am seeking assistance in creating a business plan to acquire more investment properties.First a little background info;I purchased my first property ( a fourplex ) on 12/12/2014 using an FHA loan. The property...
Tyler Bobo
Syndicating Debt VS Equity
Several people on here recommended the Best Ever Syndicating book, which I a halfway through and had a question I wanted to get out before I forget.He mentioned you can syndicate for debt as well as equity. In my sma...
Josh Brown
Low Credit Score Keeping Me From Acquiring First Rental
I've been on this journey to repair my credit for about 6 months now. My credit score is a 499 and slowly-very slowly-climbing. I have an unsecured credit card I'm using to build on it, and that's about it. I want to ...
Josh Edge
Partnership put - bridge loan or similar
I’m in a 50/50 partnership. Rural land in central texas. I’d put the value today at 1.2mm and debt is 200k. I plan to put it to my partner in the next year slightly lower than 1.2mm. I’m 90% certain she is a buyer at ...
Josh Best
Newbie strategy question
Looking for advice: I am a newbie to the REI world. I have been working towards paying off debt for the past 9 months. I have $73k down and another $75 to go (Mostly school loans). I have a $1128 in debt payments + an...
Andrew T.
Cash Out Refinance Questions
I'm curious about the best way to make the equity in my Toronto rental property more productive. My mortgage term is coming up in April and instead of a straight renewal, I was considering a refinance. My goal is to f...