Let me preface this question with the following criteria:-Looking to put work some capital from a cash-out refinance-Currently earning 5% risk free in a MM account- In need of depreciation to offset passive income fro...
Looking to get a HELOC on my personal home to invest into my first STR. I’m stuck in picking what the best payment method would be. They are trying to get me into a fixed rate at 7.25% and the variable starts at 9%. M...
Wrapping up my 3rd SF BRRRR (here in Canton OH) and working on the cash out. I put these investments under my LLC. I have worked with Wayne Savings in the past but just got their recent cash-out approval this past F...
My husband and I own a profitable condo we rent out short to mid-term, while living in a single-family home we plan to convert to a long-term rental. We live in a low cost of living college town. We have $60k set as...
Hello,I bought a duplex in Pensacola $75,000 under appraised value, in an amazing location. Bought it for $300,000, it appraised for $375,000, and the gross rent is $2,625.My lender only lets me pull out 80% of the pu...
Checking in with the BP public on this...wife and I just bought and moved into a SF this May at 6.812% and the monthly payment (4319 all in) is pretty painful. Put 10% down on a 650k sale price. PMI is surprisingly ch...
I am getting a DSCR loan to buy a STR. My question is if the first DSCR loan is 9% and 5 years from now the rates drop to some lower rate like 6% can I get a new DSCR loan at the 6% rate to replace the higher DSCR 9% ...
I published an article on the BiggerPockets blog yesterday with 7 lessons I learned as an investor who owned properties (flips, rentals, notes) going into the 2008-2009 recession. For most of the lessons, I have the s...
Hello,Does anyone purchase far land as an investment? I keep hearing about China buying US farms and Bill Gates and other billion/millionaires purchase farm land. I'm wondering if anyone on here does and what's that...