Cash out question
My plan was to buy property using my heloc, whole lot cheaper than Hard money or private. Fix it and Then do cash out refi and pay my heloc back in 3-4 months.
I was about to get qualified with cr...
Greetings all! I've been lurking and soaking in every word of information in these forums and site. It's been an invaluable resource as I seek to fill a new vacancy in my recent rental. I set the BP standards in my li...
I am a buy and hold investor and have just been saving up my 25% down payment and purchasing. However it has become harder to find a good deal in this market. So I decided to look into refi to get a lower rate.
My ...
Admittedly, the challenges facing entrepreneurs are daunting. As reported in the Arizona Republic, nearly 2 in 5 business owners have come close to failing. In fact, 13 percent said that they had previously owned a bu...
Hi all,I have a new tenant (3 months in so far), she has been pretty great so far, pays rent in full on 1st of every month and keeps the place neat and clean. Randomly though she messaged me yesterday asking if she ca...
Hello,I know this is probably a good problem to have, but we have a vacancy in a high end property in Hermosa Beach. The rents is $8700 per month, our recent prospect tenant is asking to pay a full 12 months up front...
Hello BP community, Essentially my question to you all is this: if everything on an applicant checked out but their credit, would you rent to them if they paid a years rent up front? I am a 21 year old house hacker lo...
Hello, I am trying to close a deal on a property that is located in the USA, but the Seller is a German citizen, living in St. Leon-Rot Germany. Ideally, I think that the local German equivalent of a title company mi...
In August 2012 I became a first time home buyer in Nevada. My rate is 3.75% on an FHA loan. The house was purchased in concert with a non-profit who provided $15K towards principle. I bought the house for $100K. T...
Current properties:
Investment (Value: 550K, Mortgage: 225K, Int Rate 4.5%, (-$200 Cashflow))
Primary (Value: 600K, Mortgage: 285K, Int Rate 3.5% ($0 Cashflow, and I live in it for free)
Goals: Increase net worth, ...