James Stirgus
Using data to find vacancy rates by zip code.
Hi all,I am a military veteran from Chicago and I am looking to purchase my first 3 to 4 unit property using the house hacking method. My plan is to utilize my VA loan which has the benefit of putting no money down. I...
Jonny Morris
To use home equity or not...?
We bought for about $363k. Put down 80k on the house to avoid mortgage insurance. We have now put about 50k into developing an apartment above garage as our "1st property" rental which generates $1250 per month. Rece...
Sharon Rosendahl
Mortgage for twice moved manufactured home
We purchased our lot and have a sellers contract. We used a heloc to place a manufactured home. This was a used home. While many places will finance a manufactured home on its own lot (Mfg title has been eliminated an...
Trent Reeve
Today's market profit??
In today's market in my area, i can find some sub-$300k houses, with mortgage payment about $1,000-1,100 (after 25% down payment) would profit around $350-500. but my down payment would be from a Heloc, so after int...
Nicole H.
Refi vs HELOC for 1st time house hack
👋🏾. Newbie here! I'll be house hacking starting February 1st. Working on upgrades, now. Which would be better to finance ... Refinancing for cash out or HELOC? Thank you, in advance 😊
Justine C.
What should I do with equity in my house and "extra" cash on hand
Input please....Don't want to blow this opportunity. We owe approx $460K on a property that appraises at 1.1M. We live in the main house and "rent" 2nd unit to in-laws. Will have a good cash cushion within a month o...
Shane Collins
How did you raise a large down payments when first starting out?
I have one duplex at the moment but I am looking to expand. I house hacked my first property on an FHA loan 6 months ago. Things are going well and I would love to purchase a deal I found that is going to be great. I ...
Jake E.
We need BP to take us beyond!
Hello BP! We are frozen on what to do next! Wife and I are located in Southern California. We have two homes... our dream home and our first house which currently sits vacant. We just got final blueprints and permits ...
Ariel Goldenberg
Airdna and ways to predict short term rental profitability
Hello allI'm doing my research toward my first short term rental. It's going to be an entire house, 3-4 bedrooms. Can someone share his experience with airdna as a tool to analyze a market? How reflective of the real...
Account Closed
Reappraise -> HELOC -> finish basement -> rent??
Hello Everybody,I have a question for y'all. I bought my SFR (bungalow style) here in SLC in Aug '14 with 2 bedrooms and one bath and have an entire unfinished basement that if turned into a studio style apt (bath/bed...