Justin Dziedzic
Deal located in flood zone
Hey all, I just found out that my deal is located in flood zone (the yard and parking in the 1% zone, the home itself in the .5%). Aside from the obvious of accounting for added insurance costs, can anyone with experi...
Account Closed
Best way to tap equity to purchase additional properties...
I've got 7 properties with equity that I would like to purchase additional investments with.What's the best way to so that? Please be specific. What financial product? What terms are available?
Trent Ecklar
South Linden duplex
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Columbus.
Purchase price: $75,000
Sale price: $119,500
Cash purchase, cash-out refi to purchase additional duplexes. 1031e...
Eric Brauer
Credit Union, Smaller Banks - lower cash to close?
Hello BP community,I purchased my primary residence in 2022, which I'm house hacking. I'm looking to purchase additional 'buy and hold' investment properties this year. Does anyone have experience with using a credi...
Joe Dimaio
Baltimore Househack in LLC?
Hi All, I currently own my primary residence which I am house hacking and just purchased my first investment rental as well. Both properties are located in Baltimore County, Maryland. My initial plan was to transfer t...
Paolo Steffen
Purchasing a home with an unpermitted addition
Last September I purchased my first investment property and currently have tenants in the home. The home was listed as a 2 bedroom 1 bath but it actually has 3 bedrooms and 2 bathrooms. The house has an unpermitted ad...
Gerard Gonzalez
No permit for addition on potential purchase
BP Looking into purchasing my first property. Househack status. It's a side by side duplex. My plan is to get into this property with no money down. Live in one unit rent out the other. Im using my VA loan benef...
Andy Lanyi
Looking to refinance two properties that I have free and clear to reinvest
I have two properties, 5 apartments in Covina Ca and 8 in upland Ca, that I have free and clear that I would like to pull money out and purchase additional apartments. looking for a few mortgage brokers to give me som...
Joe Vigurs
HELOC to purchase additional rental or pay down current one?
Looking for the best option.
Have HELOC on primary residence (50K).
Rental property breaks even (gets $1750/mo.Used to be primary residence).
Owe 240K on rental. Valued at 275k (FHA loan with PMI fixed in).
Do I a...
Tracie Soder
Home equity as collateral to purchase a new property
Hello,
Does anyone have knowledge about using home equity (without selling, refinancing, and/or HELOC) to purchase additional properties?
Thank you for your insight!