Lu Cynda
Does Brrrr makes sense for my first home?
Hello,
Does it make sense to use BRRRR method if I have a HELOC out on my first home? I'm doing repairs and improvements while living in the home. I've had some set backs, but my ultimate goal is to get my first home...
Ryan Tagliamonte
First Question on LLC Formation
Hi all! Posting for my first time on this platform and I'm excited to hear from/interact with whomever may read and respond. I'm writing because I feel I'm at a bit of an impasse as to what exactly to do when attempti...
Nick Scalero
Here's how we should have spent the bailout money
Maybe I'm naive but here's how I think we should have spent the first bundle of bailout money.
1) Take a look at each loan in Foreclosure and see what could be done to get them out of that state. (buy down interest r...
Bob Salas
What happens to 2nd in Short Sale
I live in Oregon and have been trying to get BOA to modify my loan for 2 years. We alos have a 2nd with HFC.
9 months ago BOA put us on a 3 month trial payment plan with payments that are higher than our mortgage was...
Benjamin Ford
Using Rentals to Pay For Student Loans
I went to school and earned two engineering degrees (BS and MS). Then, being the glutton for punishment I am, I continued on to law school. This was not a series of random choices. Rather, there was a method to the ma...
Doug S.
Cash out refi or HELOC on primary residence
Please forgive me if this is a dumb question. I'm brand new to the idea of real estate investing and am trying to formulate a plan in order to acquire my first rental property. My primary residence is worth $250k an...
Ramon Robert Rios
SFH or Duplex for First-Time Buyer
Hello BP Friends! I am new to real estate investing and I wanted some feedback on the type of property I should buy for my first investment.I am looking to purchase a property in either Norristown, PA or somewhere in ...
J. Alberto Lopez
Looking for suggestions in Chicago
I've been a lurker here for a little bit (for landlord stuff) and recently made a good friend that explained the benefits of being a member here. So here I am.... In 2014 I sold a double lot in Logan Square and purcha...
Account Closed
Owner occupant without enough equity to secure financing to move.
Hi everyone,
I'm new here so forgive me if I am asking a question that I can find the answer to easily.
I am an owner occupant in a hot rental area of Philadelphia. I want to move on to another house an...
Robert A McIntosh
Using a 1099 to evicted tenants
I have been toying with the idea come early 2021 that for any tenant that has taken advantage of the Covid situation and NOT paid rent ( 12 months of rent over $11k in unpaid rent) even with both of them working and w...