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Results (8933)
Armel Bayot What's the Smart use of a HELOC?
2 September 2020 | 6 replies

Planning to refinance my primary residence and get a HELOC. I've just been saving money to fund my first rental property but looks like my primary residence has gained some good amount of equity . Read some articles t...

Mike Schorah Reserves and Scaling Cleveland, Ohio Multifamily
4 October 2021 | 3 replies

I can get a $52k HELOC on my primary residence and $15k in a SDIRA.
I was thinking of buying $80k-$100k multifamilys in Cleveland, Ohio with 25% down on each.
I’m trying to calculate what to have in reserves and the...

Ginina Louis Building a house while looking to buy a rental property
10 October 2019 | 2 replies

I want to buy another investment property using BRRRR. I have one rental already. I’m ready to start looking for my next property but I’m just starting the plans for my primary residence. We should break ground on my ...

Adam Burns Am I Getting Ahead of Myself?
8 July 2018 | 4 replies

I’m looking to purchase a new primary residence as well as get into rental properties (SFH or small multi-families). So my original plan was to put 20% on my new home, and when I sell my house I’m in now use a portion...

Ian Crist Portland House Hacking on Steroids!
9 January 2019 | 8 replies

Hello Everyone,I wanted to share a great financing strategy I have came across that has been able to open lots of doors for investors like myself as well as investors I work with who want to hold a cash flowing multif...

Chris Stromdahl Risks of using a home equity line of credit?
2 August 2014 | 10 replies

I am considering the use of a home equity line of credit in the future.I do own a home, but am hesitant to take out an equity line of credit on it because it is our primary residence. I do intend to leverage the equit...

Carl Giauque Reserve money amounts in accounts?
21 September 2013 | 6 replies

So we finally found our first deal on a SFH, (after numerous offers, refusals, Mo. searching, reading hundreds of forum posts ,etc) got it closed, got the rehab done, paying renter, and a nice bit of cash flow, Swe...

John Pelaez How do I appear under leveraged?
24 August 2018 | 3 replies

So I recently purchased a duplex 2 months ago. Its cashflowing well like I anticipated. I have a W2 job as well. I am looking to buy a second property but am also going to be moving in 6-9 months. I will be selling my...

Raj Khadilkar DSCR - Cash at closing / Cash reserves
3 January 2024 | 10 replies

Thanks to BP community. Bunch of knowledge out there which we could lean on espcially from overseas. Would apprciate if some of the lending gurus / specialists could guide me on my below scenario  
Overseas investor ...

Ivan Schmidt I am a traveling nurse. How can I get an owner-occupy loan while transient?
25 March 2023 | 8 replies

I am frustrated with the poor quality of information for my situation — maybe y'all can help!My permanent address (tax home) is near Knoxville. My work will soon be taking me to North Carolina. I am fully prepared to ...