Michael Dunn
Cash-Out Refinance..... Start paying Interest immediately ?
Just had a quick question please, regarding Cash-Out refis. 1. Do you get the Amount of Cash from the Refi. sent to you , via a Check ?2. Do you start paying Interest as soon as they Lender writes you the Check ? 3. ...
Albert Ngo
Refinance or NOT ?!?!?!
Hi bigger pockets, I have 10 plus years of experience as a licensed plumber and have close relations to various trades which helps me greatly as I invest! I am a buy and hold inventor. My market is in the greater Bost...
Brandon Eleazer
Expense Projections using 50% Rule
Hello BP,
I am preparing a budget for a SFH that costs $50k. The monthly rent is $1k. Using the 50% rule of thumb I don't see how $500/month (which amounts to $6k per year) is enough to cover all expenses except P&am...
David L.
Given equal numbers, would HELOC vs Cash Out Refi be the same?
So, here's what I mean:For simplicity sake, lets say both a HELOC and Cash-Out Refi have the same rate and I'm ignoring any closing costs. If I paid the same amount of money in the same amount of time, would either o...
Tony Cimino
Beginner investor looking to learn basic concepts of flipping
Good Morning,
My wife and I are looking to get into flipping. I took the college path, and never got into construction, but after talking to a realtor friend, he directed me to BP. I have been listening to multi...
Tas S.
paying down a loan quicker?
Hi everyone,I have 3 houses in Memphis and I'd like to bring down the payments on one of my houses quicker. Can I pay towards just principle as a separate payment or will it just count as an extra normal payment? I've...
Jeremy Clark
Best refinance parameters
Hi everyone. Here is my scenario. I purchased a SFH and have a total of $120k into the property using some personal funds and and hard money. The property appraised for $180k. I would like to refinance and pull 35-4...
Leon Larkin
New Tax liens Investor in the DMV
Thanks for your time. I'm a new Tax liens, deeds investor in the DC, MD, VA areas. I would love to have the right guidance/mentor..
Johnny Mack
Leaking Roof Before Appraisal
I’m a new REI with a property that was left to me. I did some remodeling and began renting the property to tenants. I have capital saved up and the house has no mortgage, I’m in the process of a cash out refinance so ...
Shahab Siddique
Good credit unions in Chicago?
I am looking for the best possible deal on a mortgage (leaning towards higher credits as I plan to fix and flip) on a 5 percent down mortgage payment. I've looked at a lot of banks, but am curious, does anyone in the ...