Sean A Lewis
Does my property value increase after adding ADU's, thus allowing me to refi?
Hey all,
My name is Sean. I've been listening to the bigger pockets podcast for approx 3 years now, and was finally able to pull the trigger and finance my first multifamily property. The reason I am posting is beca...
JW Franz
Primary Residence Mortgage Options for RE Investor
Hello. My wife and I are looking to purchase a primary residence and don't qualify for a traditional mortgage because we are FT real estate investors (and therefore are self-employed). Our income consists of cash flow...
Mitchell Sanedrin
HELOC on primary residence to BRRRR possible second?
Hi Everyone!I've read a few of the BP books (No/low Money down, Rental Prop Investing, Ultimate Beginners Guide, etc.) and am currently on David Green's BRRRR book. I've come across a few times that some have used a H...
Carlos Feliciano II
Eager to do first deal but primary home purchase holding me back
Hello all!My wife and I are building our first home in Las Vegas and will be completed next year in mid-summer. I am eager to get my feet wet on a first rental/BRRR property before our home is completed.What would be...
Maria Bocanegra
Seller financing - I am seller - tax, legal, is this a good idea
All,
I am hoping to get some feedback here w/ potential seller financing (I am the seller). I am a lawyer by trade and am generally not too good w/ understanding tax numbers, etc. I will try to keep it simple - any f...
Rebecca Cramer
Partnering on a property, Splitting a mortgage and title??HELP!!!
Hi everyone! So, I did so well with my first investment property (we bought low in Ocean City Maryland, put a lot of sweat equity into it, and rent it out on airbnb ) my parents want to partner with us to do a second...
Ronald Benson
Equity that I can't access traditionally
Hello, I currently have equity in my primary home that I cannot access traditionally due to crazy year after a divorce. I would like to access the funds to consolidate debt and finish rehabbing my house to rent it out...
Houston Anglin
Need loan help asap
I have a property that is own free & clear but am having trouble getting a loan do to high credit utilization & no extra $ to pay off to get credit score up for Traditional lenders . But if loaned the $ on fre...
Justin Mespelt
Strategy with HELOC for down payment
TLDR: when using a primary residence HELOC as a down payment on an investment property, you are effectively financing the entire purchase. How can you ever cash flow at 100% DTV?
Longer story: my wife and I recently ...
Levi K.
HELOC refinance
Hello All,
It is great feeling to join this forum.
Here is my situation and my questions:
Situation :
1) I bought an investment property (condo-1bd/1bt) using HELOC (prime + 1.25%) out of my re...