Is it wise to refinance my primary home and use the equity to purchase my first rental?

Good evening, this is actually my first post and have recently (a little over 3 weeks ago became a pro member). I have been looking to refinance the house I purchase last January of 2019. At the time the interest rate...

Lets say I bought a house for 200k with 20% down so 40K into the property and a year later I decided to refinance to get better rates for more cash flow but the property went up to 250k would I now have to put up an a...

Hi Team BiggerPockets,Need some advice from the team... So my parents own a property in Florida where they have a lot of equity in this home and a very low amount owed on their mortgage. The issue that they have is th...

Hey guys, my girlfriend and I purchased our home almost a year and a half ago we went with FHA loan so we have very little equity in the house. About a week ago we received a letter in the mail from Sun West Mortgage ...

Hi everyone! I need some advice on the BRRR strategy.I started in real estate 4 years ago and have been able to do this strategy before with no problems on smaller 1-4 unit multis. I recently purchased a unique 10-uni...

Hello everyone, My names Ernest Lopez. I’m new to the real estate investing world and I’ve been reading and combing BP for about two months. Finally got involved in a deal with a partner and I’m looking for some advic...

Hi, the last post I could find on this topic is from about 5 years ago, so here we go...We bought our first property on September, completed the rehab in October and our first tenant is moving in next Monday in a 12-m...

Ok, I understand the concept of BRRRR. One of the major advantages of BRRRR is velocity of increasing assets. This is where I don’t understand. If I own multiple properties and refinance from each and put the money to...

When doing the refinancing piece of the BRRRR method, how difficult is it to get a conventional loan without a W-2 job?