Rijm D.
Where to park my Heloc money till ready to invest?
Getting a Heloc, hopefully around 120K. It's a fixed loan product, need to borrow full amount by end of Feb to take advantage of 10y at 4.49%. It being long term and fixed is perfect for what I intend to do with it, j...
Account Closed
Capital Projects: Save or Wing it?
Do you pro-actively save for major projects (new roof, new HVAC, new water heater, etc)? Or, do you sort of wing it and hope for the best, knowing that you'll probably have enough cash on hand to cover something li...
Deborah Wodell
Is 100% Financing a Trend Worth Pursuing?
I've noticed an increasing trend among investors looking for 100% financing or securing 90% financing and then seeking gap funding for down payments and closing costs. This approach can work for those with strong deal...
Alex Grullon
I have been having issues with hard money lending draws
Hey Guys and Girls,I have been having issues with the draws from my hard money lender. My draw request was monday of last week property was inspected Thursday of last week and submitted to the lender Friday of last we...
George Maka
Line of credit as down payment then pull out equity
Would this make sense and should I do this? I am a long way from having a down payment, but I have great credit and have a large amount of credit available. I am still new to REI and my strategy is to buy and hold.
W...
Bret N.
Cash Rules-A suggested feature for those that are "down with BPP"?
So after seeing a ton of people on BP "seeking funds" I think a feature should be added to streamline these request. (Perhaps there is a feature and my ADD gets lost on some cool post by other members. if so, my a...
Mike Pichik
IRA to 1031 for Real Estate Invenstment
Looking for some guidance. I have about $100k in a self-directed securities IRA. I've picked up on bits of information that indicate I might be able to convert those monies, through a 1031, into funds to be used to in...
Dan Marl
Should I refinance w/ cash-out or use my taxable account?
Should I refinance w/ cash-out or use my taxable account to buy homes?
Hello everyone!
I am thinking of investing in real estate. Maybe in 5-10 years have enough rentals where I can quit my job and do real e...
Roman Martinez
LLC and getting funding
Hello Everyone,First of all I would like to thank everyone on Bigger Pockets for providing such a great platform for rookies. I've been listening to the rookie pod cast for over three months everyday on my way to wor...
Robert Brown
Should I roll current Primary MOrtgage into HELOC?
SO!!my SFH rental likely has a solid $50K+ Available in equity...
( $100K+ value / 28K owed @ 2.75% / assume 80% LtV)
I cannot find a lender that will do a HELOC on an investment property.. I'd like a HELOC as a ...