Nate V.
Risk of Real estate Investment and How to Avoid them!!!
Here is an article I wrote about some risks to consider when buying investments for rental and flips.Share your Thoughts and Ideas.If you have recently acquired some investment real estate, you are not alone. Recent r...
Will Costello
Lump Sum Investing or Pay off Rental Home
I have a rental home with approx. $87k remaining on the mortgage (6% rate, 20yr, currently at month 57 of 240). I will be receiving approx. $91,500 tax free; more than enough to pay off the mortgage immediately.
I wa...
Adam Haman
How do I structure a Seller Finance/Wrap?
Good day!I have a family member who is interested in selling another family member a portion of their holdings in a wrap scenario with what I perceive to be fair terms on properties the Seller owns outright. The selle...
Account Closed
Can you make your mortgage payments with a credit card
( this is not a real situation, its just a question)If you cant afford your mortgage payments, Can you use a credit card to pay them? Then, you get a job and you pay off your credit card and continue to pay your mortg...
Mike Forte
Home Addition Financing
Hey everyone, I hope I am posting this in the correct forum but here it goes. My wife and I are currently kicking around the idea of putting an addition onto our house and I have been trying to figure out the best way...
Crane Xu
Cash out refi question
I have an investment property (100%) equity that I'm taking out 70% LTV to pay off 2 additional investment properties' mortgage. My question is once the 2 properties are paid off, how soon can I take out another cash ...
Robert Palladino
Home Equity Financing Options
Hello All,
This is my first entry on the BP forums, and my first move into real estate investing. I'm not a finance guy so I’ll try to stay coherent. I bought my current home in Philadelphia back in 2012 for $130k, a...
Rosh Varughese
How many helocs do people have?
I have 3 investment properties and I took out a heloc on all of them for RE investment down payment. I am in the process of buying 2 more and there will be equity build in after I remodel. Should I take heloc on the 2...
Gulliver R.
Pay ahead or save for more properties?
Is it better to pay extra toward your principal portion of your mortgage per month OR is it better to save for your next rental property?
Best,
Gulliver
Alex Otten
New Member
Hello. I am new to Bigger Pockets and wanted to introduce myself. My name is Alex Otten and live in Bakersfield CA. My wife and I recently purchased a duplex in Bakersfield and look forward to building a solid portfolio.