I want to buy a new home and rent the current home. Should I cash-out refinance to get the 20% down on the new home or should I use cash for 10% down? Which one would be more beneficial. My current home is valued...
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The details:I have a single family with long term renters. Lots of equity. Current mortgage is about $120K. Home value is somewhere in the $280k range.I'm going to start talking to local banks, but I wondered if an...
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Would love someone to punch holes in this analysis. My goal would be more appreciation due to it being right beside a downtown area that is being revitalized. Brand new but trying to get something going to get in the ...
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I have posted a rental on zillow and have gotten quite a few phone calls through it. I am attempting to use the zillow manager as it seems to answer a lot of the questions I had. 6 have submitted applications but they...
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I'm interested in STR's in the smokies (Gatlinburg, Pigeon Forge, Sevierville areas).
I'd like to hear from any other investors in this area currently. Is the smokies still a viable area to invest in STR's as of Janu...
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I’m under contract on a duplex in Florida and the lender I spoke with is requiring 25% down because it’s an investment property. They said this would be the case with most if not all lenders. Is that right? I’d like t...
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Hello Everyone!I'm Katrice, and I'm new to investing. I work as a family physician in Milwaukee, my first job out of residency. I do not currently own any real estate properties but plan to acquire a multi-family a...
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Hi BP! I am new to the community. I have been enjoying all of the information I have been learning about real estate investment, which has also caused my husband and I to have a few questions as we think about our nex...
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It is Sunday night, what did you do today? My day was mostly family, as it should be. I had family from out of town staying with me for the weekend. First thing this morning we took our little guy to a photographer...
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Hey BiggerPockets family,I was just approved for an owner occupant, Fannie Mae, 5% down with a purchase price of $1.3 million for a 4plex in the Phoenix Metro of Arizona
My middle FICO credit score is 759
My cur...