Twice recently people have told me of this new strategy to use a HELOC to pay off your mortgage faster.  You essentially take out a HELOC to pay off your first lien, and then use that account to direct deposit your pa...

I am not sure there is really a good thread here in BP which address this question.  I know there are many blogs but those do not provide expanded conversations around the idea, IMO.  If you are a seasoned, new or pot...

What should I do ?My realtor is a great guy but this is the second deal that he refuses to show me ( he rather give me the number to call ) stating "he is not driving 20 miles for 500$ commission"I saw a condo where t...

Back in November (2014) I closed on my first REI property.  A 'turnkey' duplex in Chicago.  I went with a well-known turnkey provider and posted initial updates in this thread:http://www.biggerpockets.com/forums/92/to...

For those of you who actively choose to invest in high crime areas, what do you make sure to factor into your numbers? -higher vacancy-higher possibility of turnover -hiring a property management company with skill an...

My partner, Account Closed and I have been on an incredible journey for the last 12 months! We started our real estate investing business about a year ago, with the goal of retiring from our W-2 jobs within 3 years. W...

I am located in Oregon, first time landlord. Our open house is tomorrow and someone has already mentioned they have Section 8 vouchers. My understanding is that it is an opt-in program? But that conflicts with the fac...

What does the BP community think about 1st lien HELOCs as a way to free up equity in your primary home for investment purposes? If anyone has gone through the process, can you give any advice as to whether you recomme...