Hey BP Members. up until this point, our company has used local and regional banks for our debt. Now that our balance sheet and liquidity has risen we are weighing in agency debt as well for a potential $3-4M Purchase...
I've been looking at the spec build threads recently and have started some research into doing one though not just yet. I did however have a goal in mind for something I did want to do when the time was right and it a...
hello all,I'm looking for some advice.... Why else would I be starting such a threat... LOL.Basically, as the subject line indicates, my business is not producing as much as it needs to financially. For the last five...
Hi Friends! My wife and I are San Diegans, and restaurateurs. We sold our home at the start of COVID with the hopes of buying either a multi-family in San Diego, or something "reasonable" in San Diego as well as an in...
Other than closing costs are there any negative impacts to refinancing a rental property? With rates continuing to drop is this something people do as much as with primary home notes? All my properties have 20% down...
Hi, I have a question about our ability to get a HELOC on our house. Here are the main factors:
Our primary residence is roughly worth $475k and we owe around $225k so we have quite a bit of equity. The house is only...
Forgive my ignorance, but I just want to make sure I am thinking correctly.
I have a home equity line of credit that is open and I can draw cash from whenever I want, is a business line of credit along the same theor...
Hi All,There seems to be 3 common approaches to financing rental properties:1- Buy in cash. Hold in cash. Debt is bad. 2- Buy with the absolute minimum necessary out of pocket for the longest possible term.3- Somewher...
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 ...
Our tenants will be moving out in a few months which prompted us to think about what we wanted to do with our rental property. It's only been rented out for 2 years and it's gained quite a bit of equity (approximately...