Chungsoon Haw
Potential First Investment - In Need of Help
Hey guys,I found a semi detached property going for 90,000. The expected rent is 950 for a 2 bedroom apartment and from what I see, 1200 for a 2 bedroom semi. Vacancy sits around 3% in the city.The exterior looks like...
John Vela-Garcia
Need Insurance Broker for BiggerPockets Study!!!!!
Hello BiggerPockets community,I am currently working on a study for BiggerPockets and I am having some trouble getting up to date data for average insurance rates across the country. For example, what is the average p...
Daniel Alvarez
Cash-out refi of rental property
I asked a broker to quote a refi for one of my properties both as a rental and as a primary, to see what gives. The only difference was the interest rate on the rental was 62.5bps higher. I was anticipating a higher r...
Ashley Cao
HELOC for BRRRR Method
Hi fellow BP-ers!
I am a new investor looking to get your advice on my current situation:
*Paying mortgage on my residence that has about $250k in equity
*Not much cash on hand
*Interested in BRRRR method or flippi...
Bill Gulley
U.S.A. and CANADA differences?
We are getting many investors north of the border of the U.S. and I'm clueless of the differences between the two countries as to regulatory issues and laws.
It is important to know or have a basic understand...
Daniel G.
Investor financing with equity - how does it work?
So I'm starting out considering rental property investing. I've talked with my lender (on my current house) and asked some questions.
I have $200-$230K in equity I can access depending on how an appraisal of my hous...
Natalie Rose
HELOC for down payment, then how to get second mortgage?
Hi thereI just bought my first house in Edmonton for 170,000. We renovated and are looking to make it worth around 250,000. The plan is to refinance and get a HELOC for 80,000, with which we would use some of that as ...
Daria B.
Fed raises rates
Just read the feds raised the rates. What now for RE investing?!?This is an article I found on msn.com. http://www.msn.com/en-us/money/personalfinance/the...I know that the HELOC I just got doesn't look that good anym...
Curtis C.
Purchasing First Rental Property With Cash: Then taking Money out with HELOC
I am looking to acquire my first rental property. I often read how people leverage their money with hard money or private money. I am very conservative, and like to keep my debt ratio as low as possible, and as such ...
Warren E.
Rental Real Estate Mortgage in LLC or Personal Name?
Howdy all:Buying rental real estate property. 2 options for mortgage:1. Mortgage in my name: 30 yr fixed rate 3.5%, is in my own name. Get lots of general liability and umbrella insurance covering property, run all r...