I'm curious about using the BRRRR method and how the bank preapproves an investor with multiple mortgages. When you're ready to purchase additional properties - how do you get approved for the additional debt with you...

Hi BP team. I am looking to invest my hard earned pennies out of state in either SFH or Multi with goal of building sufficient cash flow to allow me to leave my current W2 job.  I am a younger single gal, first time h...

Hi everyone.So I am trying to understand this BRRRR strategy a bit more, and in doing so stumbled across a question that I have which I hope you can help me answer.To set up a little scenario:You purchase a property a...

TL;DR: A cash-out refinance will make my original property negative cash flow of $250, but my use of that cash (either in the "holding" investment or the eventual STR property to put a down payment on) should more tha...

I am looking to use the HELOC to take the equity from my primary residence and use it as a down payment for an investment property. I am not in a position to use the investment property as my primary residence to hous...

Hello Everyone,I am a listener of BiggerPockets podcast for a while and I am still new at real estate. I wanted to get some advice. I was not sure if this is the place to post but here it is. I have a primary residenc...

Each time I buy a home my credit score takes a hit. I'm trying to brainstorm ways to do minimal damage to my credit while still borrowing for more homes and increasing my debt load. What do you do ? Or do you just hav...

Let’s say you live in one unit of a 3 family and the other 2 income will cover mortgage payment, Would a bank ever approve you for buying a property with no other income, provided that you make a down payment? 

Initially, the property was my initial residence. I moved out, work purposes, and turned the property to a vacation rental. I am currently in the process of refinancing the property. How would classify the property as...