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Results (6056)
Jason Schmidt closing costs? 5k or 10k?
6 August 2011 | 2 replies

I spoke with a guy at lending tree, and said i was looking at a 185k house with about 50k down on a 15 year mortgage. He said closing costs would likely be 5k. But when i asked the realtor, she said 5-6% which would...

Chinazom E Onubogu HELOC vs Refinance- Which would be ideal?
21 September 2021 | 2 replies

I purchased a brand new construction for 309k last year, refinanced in Jan 2021 from 3.6 to 2.7, home appraised at 325k at the time. Now homes are selling in the area for 480-540k. The 480k was the exact same model as...

Cameron Kloster Cashing out annuity ??? Help!!!!
19 June 2016 | 4 replies

Hi all I just started fix and flipping in New Mexico. I'm in Albuquerque and Rio Rancho area. I have an annuity from work and was wondering if it would be wise to cash out for a down payment on a multi-family. How are...

Robert Stamper LOC on Investment Properties
7 October 2019 | 18 replies

Hi All,
I'm looking for a line of credit against a rental property that I currently have a 60% LTV on. I could do a cash out refi, but the fees get expensive and it just isn't as flexible.   Does an LOC on investm...

Ryan Lewis Using cash vs. HELOC for next investment property
12 September 2023 | 3 replies

Hi BP community - I'm an investor with 3 SFHs in the Nashville area looking to acquire my first small multifamily property (2-4 units).
I'm trying to determine the best approach for the 25% downpayment, comparing usi...

Steve Kadi First investment/rental property
5 July 2020 | 9 replies

Investment property details:
Each unit: $190k (Duplex)
Property tax: 2.42% 
Rental: $1550 ( Current tenant will extend lease for new buyer)
HOA: $290Home Insurance : $600 per year.Built:1958 (Interior renovated la...

Troy Forney tracking investment progress
21 December 2016 | 4 replies

I know this has been discussed in the form of how much debt should I carry and other similar topics. So I am applying for a cash out refi with a local bank (commercial dept) and they had me fill out a financial statem...

Rich Miller STR CoC Performance Expectations
22 October 2022 | 25 replies

I realize there are lots of variables at play, but what are some ballpark CoC returns one could expect with this strategy? I've heard mentions of 25% CoC returns but have not seen it in the handful of analysis that I'...

Brett Riemensnider Seeking Advice on HELOC’s
13 January 2025 | 11 replies

Hey everyone. Looking at an upcoming partnership in 2025 and looking to tap into some of my primary homes equity to assist with the down payment. What should I expect for an interest rate on this loan? If I were to se...

Shayne Garcia House Hack Help Finance Questions
26 September 2019 | 4 replies

Hey BP family! Question from a newbie here. Recently I purchased my first investment property by way of using a HELOC on my existing home to finance the cost to purchase a second home that I am now living in. I have ...