Sunny D.
Cash out refinance on secondary home and credit score
HelloI have 2 homes now (primary and secondary-rental). My secondary home has appreciated quite well (purchased at 255K, expected appraisal : 415K, loan remaining: 145K). The mortgage is a 15 year fixed at a very good...
Alfie Park
Renting out current house as first investment?
Houston BP community,I wanted to get people's advice / thoughts as I try to get started with my first investment property. I'm leaning towards buying a smaller house for my family of four with a conventional 20% mortg...
Todd Moriarty
How many basis points to add to 10 yr treasury?
My goal is to quickly valuate apartment buildings with current accurate data. (i.e. interest rates, insurance rates, future taxes, future expenses, etc.)I'm trying to determine what the commercial loan interest rate w...
Hugh Little
What type of properties beat a recession? Commercial!
This is a great topic, I think we can all benefit from creative ideas. Multi family comes to mind. In a economic downturn people down size. They move from there homes to apartments to cut cost. I would say make sure ...
Bobby Shell
Paying down 3 single family loans. Tips...
Should be an easy Q. Currently we have 3 homes:Primary Res: 360k owed at 3.625% interest rateRental One: 196k Owned at 3.375% interest rateRental Two (closing in 30 days): 134k owned, 4.5% interest rateIf we want to p...
Ryan Ebersole
Creating Cashflow
I am looking to purchase my first rental very soon, and am starting to work some numbers. I was interested in what you experienced investors do to create a positive cash flow each month. Any hints or ways that you l...
Ken Gurta
Need lending advice quickly! Thank you
I have been working with a local credit union for almost 3 months on getting a Heloc. The Heloc limit is to be around $68,000. I plan on using most of that as 20% down payments on 2 houses that just became rehabbed an...
Lauren Garcia
Help me analyze deal in Mcallen, Texas!
Hi! Newbie here. I am 24 and am in my option period of a three bedroom house in Mcallen, Texas. This is my first time investing and I want to make sure this is not a horrible deal. The house was built in 2001 and is a...
Bradley Cumming
College Student Seeking Start Up Advice
For the past 9 months I have been listening to and reading BiggerPockets material to learn how to generate wealth using real estate. Based off of what I have learned I think the following course of action is the best ...
Cynthia Alexandra Sanchez
First Time Investor in CA
Hello,
I am new to the BP community but quickly indulging any advice, podcasts, books that I come across on here. I wanted to put my situation out here and gain any insight I can get. I am a recent graduate with 0 de...