Hi BP - I'm trying to purchase a 4-plex in Sacramento, CA that I can either use as a primary residence (owner occupy one of the units) or as an investment. Total purchase price is around $1mm. Property generates $66k ...
I have a SFR with good returns and decent equity. Should I tap that equity to get capital to buy next SFR or go the longer route or saving additional capital while keeping that equity in place?
The electric panel in one of my rentals is full. I suddenly need to add a sump pump and the most expedient way is to tap into the 20 amp circuit that controls my garbage disposal and dishwasher. I am not sure, but I...
Hello,So about four years ago a family member (mistake #1) wanted to buy a house and due to various reasons couldn't at that time. I made a deal that they would rent from me at about cost (including principle payments...
Hi All,New member here. Moved to Des Moines, IA after 6 years in Miami, FL. Slight change! We sold our apartment in Miami Beach when we moved so we could buy a SFH here, as we had a daughter on the way. Now that we're...
Hey Everyone! Looking for some different perspectives, advice and incite on how someone else would tackle my current financial situation to get another deal.
The Goal - To tap into current equity on my primary reside...
Just purchased my first property and chose vinyl plank for the floors. Everywhere stated how DIY friendly it was. We have found it to be the complete opposite. Has anyone had any problems with LVP before?? The main pr...
I'm not sure how "creative" this is, but is there anyone out there doing HELOCs on duplex's? I have a great property paid off and I'm looking to grab some equity for the next deal. I've heard a few no's on my first ro...
Short story I have a SFH that I rented out and the tenant is essentially abandoning. They can no longer afford the rent due to a divorce. Now I am trying to decide to sell (take the long term cap gains hit) versus a 1...
I just got a HELOC on my investment portfolio, so I can buy my next building with "cash".
I dumped all my operating funds in my HELOC to minimize the interest.
Now, I get a wrenching gut feeling that this HELOC can ...