Chris M.
Owner occupied mortgage advice
The wife and I are expecting a new addition to our family next year and we're already out of room in our current townhouse. I haven't had to purchase a primary residence in quite a while. The current house was bought ...
Nick Kelly
HELOC As Down Payment For Rentals
Hi Everyone!I just refinanced my duplex (owner opp) from an FHA to conventional to take advantage of lower interest rates and get rid of PMI. My goal is to acquire 1-2 residential multi family this year. Im consideri...
Emma Ross
Condo in Santa Clarita
Investment Info:Single-family residence buy & hold investment.
Purchase price: $305,000 Cash invested: $42,0003 Bedroom/2 Bath condo in a great school district.What made you interested in investing in this...
Graeme Williams
Justifying the risk of starting
Hey all,I'm just starting to seriously look into real estate investing and I'm struggling to get past the initial risk. How do I justify the risk of using what little money I have saved up to buy a house to rent out. ...
Gerald Dougherty
Listing a property for rent which already has tenants
I'm still in my first year as a real estate investing and continuing to learn and appreciate any thoughts on this:I have a single family home in Castle Rock rented. Lease expires on January 21, 2024. I've reactivated ...
Dylan Webb
What are my options for a small PML using equity?
Hello, here's my situation:My wife and I own several properties separately.2 of the single family homes combined we have conservatively $150,000 in equity ($90,000, $60,000) I want to use one of these as collateral fo...
Lor Fara
Renovated flip, doesn’t sell, next options
I’ve finished my first flip in October in Richmond CA. A single family, 3 beds, 2 baths, huge yard. The house turned out great after renovations. It’s listed at $650k based on comps. It didn’t sell in 40 days tho...
Jordan Martin
Rockport Condo on Canal - Bed Arrangements
Forgive me if this questions has been asked, I did search but couldn't find an answer directly related to our situation.
Preface -
My parents owns a lake house on Lake LBJ. The property has 6 bedrooms and can sleep ...
James Nosack
401k to Buy Down Loan and Refinance Duplex
Hi BP Family,I am kicking around the idea of drawing $20-25k from my 401k to buy down one of my loans on a duplex and refinance. I purchased the property on an FHA two years ago. Although it is possible that my apprai...
Samonta Dunlap
Limited liability company
I’ll try to word this best as I can bare with me.I have a question about “LLC” vs “Family Trust” for people who owns rental properties.With this quote be said “The Secret to Success is to Own Nothing but Control Every...