Hey BP,We (my wife and I) have been buying properties cash and also rehabbing them with cash. Then we do a cash out refi and pull out most of our original investment. BRRR, right? I do think I have seen it also do...
Hi All. As houses have increased in equity, what are the positives and negativesof getting a credit line in that equity for a next purchase? Aside higher volatile interest rates, what else to be cautious about?
Hello All,I am in the process of buying a 2 flat in Brighton Park on the same block i grew up on. As long as I could remember this building has had a basement unit that has always been occupied in addition to the 2 ab...
I should be grateful I still have employment but I have been planning this move for quite some time now. My current job is in the construction trade (union) which pays well, but at the same time sucks the life out of ...
I bought a property in cash and did renovations. I am currently living in the property but would like to convert to a rental or sell asap.
I have been working with a lender to do a cash out but the appraisal came in ...
Purchased a 1031 exchange property September 2020 just as California gov (and now the Fed Gov) extended the Pandemic eviction moratorium. Relinquished property was a successful commercial rental for over ten years an...
I'm trying to figure out my DTI but haven't been able to verify if the following items are counted as debt or not. Can anyone clarify?
1) Car payment: paid by my SCorp
2) HOA payment: this is an HOA payment for a r...
Hi everyone,I plan on investing in real estate I am conflicted...Currently I owe $31,000 in student loans, I can't remember my interest rate but it's under 6%. I also owe $10,400 on my car and I have a $700 left on my...
So here’s my question,I am currently working with an agent to acquire my first investment property. The objective is to house-hack to begin my real estate investment venture. So, I am set up with an auto-alert system ...
Hello Bigger Pockets,Recently started getting my feelers out into the market looking for potential opportunities that may be good for a wholesale deal. Just wanted to see if I could get an idea of how some of the cash...