How much equity do you have to have in your home in order to be eligible for a home-equity loan? Is it a minimum of 20%, and for example if you have a home worth $200,000 and you owe $160,000 but have $40,000 in equit...
We currently have 1 rental property with around 100,000.00 in equity. We are looking to purchase our second rental property and use some of the equity from our current rental for the down payment on the second rental...
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 ...
Hi BP,I have quite a bit of equity sitting in a rental property I own. Gathering different opinions here. What would YOU personally do with about $130k cash to invest in real estate. Just want to hear everybody's thou...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $175,000
Cash invested: $43,750
Under market purchase. Bought the house with built in equity.
What made yo...
Hey BP,
I'm curious if you can share what refinance rates that you're getting on investment property? Credit >800, and we have about $140000 in equity on a property worth about $390,000.
Investment Info:
Single-family residence buy & hold investment in Fredericksburg.
Purchase price: $179,000
Cash invested: $30,000
Sale price: $270,000
BRRR / House hack in Spotsy, VA!
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I am an 23 year old Landlord that currently lives in SLC UT. I am interested in buying my second property but do not know where to start. My current property has a estimated $100k-$110k in equity and I am making a lot...
Okay ... input from some pro's please. What's a good offer on a fairly new home (built in 2000) with no repairs. The seller is asking $135K, 0 repairs needed, and there's about $63K in equity. The property descript...
I've built a relationship with a seller of a home that he owns seller financed. He has about $100k left on his mortgage with the seller and about $150k in equity. My question is, is it possible to subject to that exis...