I have been reading Long Distance Real Estate Investing - David Greene, and came across an interesting tidbit of information: Your first 10 (1-4, 5-10) property loans are Fanny Mae insured, after which your loan crite...
I have owned a single family home for about a year and dont make a lot of cash flow from this property. I have great tenants who pay on time and are super easy. I live in California and manage the property myself wh...
Write your postHiI have a MF that I can payoff with cash and not break the bank. Should I pay it off and then open a heloc. By doing so I would receive $300/mo extra cash flow. I would also lower the interest on th...
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 all!I am a new investor and new to Bigger Pockets. I've been looking through the posts regarding HELOC loans in California and most are dated so looking for recommendation/advice regarding my situation. Here are...
What amount of fees are expected these days in a cash out refi? How much is reasonable when it comes to loan fees? I had planned to do a cash refi on one of my investment properties, but the fees are too high. With t...
Hi everyone,we are not sure what do, we have about $7000 in cash from our rental cabin this summer. We hope to buy a 2nd property in the next 6-8 month. My questions is what is best to keep it on the bank account or d...
My wife and I have 3 rental properties that we have a decent amount of equity in. 2 of the properties we already have small HELOCs on that are set to expire later this year. We currently use American Heritage Financi...
Goal: Generate at least $2,500 net per month outside of my job and my wife's job.Current Location: I live in a suburb or Portland, Oregon, where SFRs and small multiplexes are currently going for around $300k. (Of cou...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Rome.
Purchase price: $235,000
Duplex with each unit being 2 bed and 2 Bath.
What made you interested in investing in...