Alipate Moleni
HELOC rate/term comparison
I need to choose between 2 HELOC offers, one with Penfed, the other with Zions bank. Penfed is offering me 115k, variable prime + 1.5% rate, no closing costs. Zions is offering me 100k, variable prime + .94%, about $2...
Danny Abrahamson
Owner Occupied, Single Family, Flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $415,000
Cash invested: $70,000
Sale price: $735,000
My first pursuit to equity build out!
A first-time home ...
Danny Abrahamson
Owner Occupied, Single Family, Flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $415,000
Cash invested: $70,000
Sale price: $735,000
My first pursuit to equity build out!
In the first year,...
Adam Keffer
Newbie from Pittsburgh, PA
Hi All! My names Adam and I'm a new member here from Pittsburgh, PA. I've always been interested in REI and have since become more serious since I found the BP Podcast and Forums. There is so much useful and awesom...
Jack Jones
Need Advice on bad investment
In July 2004 I bought a beach condo with the aim of keeping the property for a year and making a small profit.
I paid $230K and financed 205K. Intertest only variable rate.
One m...
Vlad Bird
Inflation/volatility hedged student rentals - Avoid Cdn RE crash
Hello all,
I am a real estate investor who has
been investing primarily in GTA multi-family over the last decade.
Recently, with inflation skyrocketing and mortgage rates bringing
correction to the over-valued ...
Luke Wendel
Bigger Pockets Calculator
I'm new here. Does anybody else constantly have their dreams extinguished by the Rental Calculator. It seems like every property I enter shows a negaive cash flow unless I put in a really low purchase price or aggre...
Erik Pilon
Owning 3-5 properties I understand, but 20+ ??
Hi all,
First time poster and seriously thinking into dipping in real estate investing.
Some background:
My wife and I (her 26 years old, me 30 years old) are Canadians currently working in Dubai. After 1 year of wo...
Jimmy Lieu
Does the HELOC debt acceleration method actually work?
Hi,
I just watched The Kwak Brother's video on the HELOC debt acceleration strategy which they claim it can pay off your mortgage in 5-7 years. Does anyone know if it actually works?
I am planning on doing around 5%...
Ryan McCook
HELOC on Rental Properties
Are there any lenders that offer HELOCs on investment properties? I have 25 properties and would love to somehow use those as collateral for a HELOC - either multiple helocs, or ideally, just one larger line of credit...