Daniel Dube
Cash out Refi to purchase another
I currently have 2 properties with 23 rentals. They are cash cows with good interest rates. I net about 14k/mo thanks to 3.9% Interest rates. I want to increase my portfolio, but not sure if it makes sense. I have fou...
Bryan Keller
West Eleventh Residences: An Airbnb Building, Your Thoughts?
https://www.bizjournals.com/so...
2 of my friends just invested, one in a studio for 540k and one friend invested in a one bedroom apt for 1 mill.
Studio apartments now starts at 650k. They're asking for 10 precent ...
Taylor Cook
Need Books help ASAP
Have a family member whose health is rapidly declining. She runs all of the books for her multiple investment properties as well as her assisted living business that she owns. She essentially needs to bow out and have...
Manuel Ortiz
Renting to family and qualifying for future mortgage/investment
Hello everyone. I am looking to purchase my first rental property (a single family home) and would appreciate any guidance/feedback around this issue. For context, I am located in the Bay Area, Ca. Also, I don’t have ...
Hyun Don Yun
HELOC VS CASH FOR DOWNPAY
Hi BP,
Do you use HELOC from your house to downpay an investment property? Or, what is the best way to use HELOC in real estate investment?I’ve never used HELOC before but it sounds like a good option... any advice...
Account Closed
What characteristics do pros look for in residential properties?
I am a new learner in the REI world and a future investor but a lot of the numbers/percentages and jargon I see when researching REI are a little intimidating at first glance. I don't have a background in accounting o...
Paul Juell
Are You Getting Any Reviews?
So I posted this question yesterday. I got zero response. I feel like this is a relevant question... I'll try one more time.Hi, this question may be more towards the Realtor(R)s in the group, although we all need to g...
Account Closed
Borrowing to Partially Pay off Mortgage
I made the newbie mistake of locking into a 5 year mortgage - at 3% in mid 2019, and then the pandemic hit in early 2020 and now rates are rock bottom and I just keep staring with disgust at my mortgage prepayment pen...
Bryce Noel
New real estate investor at Hobart College
Good Afternoon everybody! I'm a freshman at Hobart College in Geneva, New York. I've been under the wing of a 7 year real estate investor and I'm just joining Bigger pockets. I would love to meet and chat with local r...
Kyle Wainwright
Financing for demolition and rebuild
How does the financing work for a house purchased with the plan to tear down and build a newer multifamily building on the lot? Does the original mortgage have to be paid in full since the collateral will essentially...