Hi BP,
I was looking to get some insight on a cash out refi. I currently own 1 property which is my primary residence. The property is worth roughly $400k and I owe $235k.
If I was to do an 80% LTV cash out refi, I ...
Hello, I am interested in purchasing an abandoned property that was last owned by someone who has since passed away.In the meantime, the property has a mortgage lien and growing tax lien.I understand I may be able to ...
I’ve been saving and working on my credit profile with the goal of acquiring my first cash flow property by EOY. What’s the minimum credit score/capital saved you recommend I have before starting (I’m fresh out of col...
I have $60k.Should I use this money to pay off current mortgage that generate $1500 rental income a month or should I use 60k as down-payment on a rural home, fix and flip?Thanks
Hi all, I have two properties that were part of a 1031 exchange I completed a few years ago (sold one property, bought two). They are now in an LLC, and I am looking to sell one of those two properties in order to pur...
I feel like the obvious answer to this question is to get rid of the debt, right? but the $7000 to pay off the vehicle will only save me about $600 in interest whereas investing that 7k into another home or renovation...
Hi everyone,I'm new to the biggerpockets community. It's been years since I have been involved in REI but I am ready to get back in. I failed the first time around and quit because I was weak and fearful. Since then I...
So I have a choice to make. The two options are very different, but can both be quantified, so they may be comparable.
1. Pay off my car
I owe $7,085 on my car, and monthly payments are $236.
That would m...
I am looking for advice and ideas from those with experience with 1031 exchanges. I have a family member in the process of selling their business and was recently advised to consider a 1031 exchange for the portion of...
I want to purchase my first property in the next year or two but not sure on if the timing is right because of my current situation. I am 25 years old, currently have student loans to pay back, and live in the downtow...