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Hello, I'm trying to understand whether paying off my mortgage balance using a HELOC would make sense. I am feeling confused about it, because the terms of each are so different. The mortgage is a long-term, fixed r...
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I’m a complete newbie to REI. This is actually my first post here on Bigger Pockets. I dabbled with the idea of REI earlier in life (I’m currently 39), however, I received mediocre advice and I just wasn’t hungry enou...
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Many investors quote Rich Dad to support their contention that a HOME is not an investment.Often this is done as an argument to invest capital in their commerical real estate deal instead of buying a home. Let me also...
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I've been tracking every dollar in and out of my REI activities for the past few years and decided to back-test the numbers to answer the question: What if I would have put all those investment dollars into a super pa...
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Does anyone have an example of an executive summary that they have used to secure hard money loans for commercial RE? Looking for a well executed sample, and would like to know what investors like to see, not see, etc...
Hi everyone, I currently own a duplex outright currently worth around 65K(Bought for 30K cash, 10k repairs so 40k all in) It is performing fine, about 10% cap rate, it is in an LLC and is located in Kansas. I am locat...
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Hi Everyone,I am about to close on my first investment property (singe family home) that I plan to hold and rent out. Very excited.I have one partner going in on this deal with me and we are planning to set up an LLC...
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I own several SFR Investment Rentals, and the Market for Rehab properties (Fix & Flip) in my area is very competitive. Investigating other potential sources offering a good return on funds invested. Anyone have ...
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I have owned 2 rental properties in Roseville, Ca for about 5 years. The properties have no mortgages and 1 HELOC with zero balance. Rent is about $2k/month for each. Zillow and other estimates indicate a value of ...
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Hi everyone! I'd like to invest in a second home for a rental. I'm not sure if I want to do long term rental or short term rental yet. But, I would like to pull the equity out of my current primary home in order...