Hi all, I purchased a rental house back in Dec. at a low interest rate and using a HELOC for down payment and rehab costs. With interest rates rising and those of us with HELOCs with variable rates, what's the strateg...
This ties in with another post I have about how the deals seemed to have dried up in Richmond, Va. Just this morning, I saw on the news that RVA is the 4th hottest housing market in the counry for 2016, according to Z...
Hey guys,My brother lives in Fort Collins, CO. He is moving to Loveland, CO for his job. He currently owns his house (5 BR, 3 BA) in Fort Collins that he has about $100,000 of equity in from his payments and appreci...
If you could go to one source to find information about a city, like...-Number of units renting for between $1000 and $1499 (and other ranges)-Crime rates-School district statistics (graduation rates, enrollment, etc....
Hi all,Looking to build an ADU behind a single family house in the Bay Area. I had a bunch of GCs provide quotes back when money was free in 2021 and lumber prices were through the roof. Decided to pull back because ...
Do rental rates usually fall when interest rates increase and home values decrease?
I just refi-ed two rentals recently and am definitely seeing the effects of interest rates bumping up and my monthly cash flow. One was 5.75% and the other was 6%. Both with Intercap.What are some interest rates that...
Hello BP,I am new to investing in real estate. I am hoping to get some input on refinancing: strategies, pros and cons, worse case scenarios and any other tips.I'm aware of the BRRR method. I have 1 rental.I haven't...
SFRental - has a 220-230k valueCurrent mortgage balance is 149k, with a 30 yr, 2.85% interest.I put about 15K down payment and closing, house hacked for one year. I need access to money, to invest in other deals. I a...
Hello BP!I’m a 20 year old college student looking to either buy a rental OR build a spec house with my dad. I live in Spokane, WA and was looking for advice on which to do first with today’s market. I have about 70k ...