Hi everyone. My names is Andrea and looking to see what people are currently doing in regards to pulling your money out to move on to the next property. Just did a rehab I already on a property that has 2 homes in on...
Hi!I bought my first house in Nov 2021 with an FHA loan. Did an extensive rehab on it and increased value by nearly double. I'm looking to now turn it into a STR and pull out my equity. I'm looking into HELOCs and Cas...
Need feedback please. After the rehab is done on a property and the tenant moves in, I have gone back to my loan officer and refi using a HELOC. Is this the best method or just do a simple cash out refi ??? I don’t...
Hi All,Have been enduring a frustrating experience with a lender and I am wondering if I might have grounds to file a law suit against them. I am looking to refinance a home I own and have engaged a new lender, prima...
Hello BP, I have a dilemma . I recently submitted an offer for a house: 28k and it was accepted. I had some GC to come through and look at the property and estimated about 30k worth of renovations. The mortgage len...
Full disclosure: I am the tenant in this situation. I just started house hacking and this is from my apartment lease that just ended.So in the 2 years I lived at my old apartment, my dog had probably 6 accidents (urin...
Hello BP!
I am working on building my specific criteria for what type of multi-family deals I want to focus on. I am looking for feedback on what number of units is realistic for a first time multi-family purchase. ...
I wasn't surprised when I stumbled upon an article in my news feed this morning titled "Realtors 'Running out of Money'." It sheds light on two critical issues affecting the industry.Read article here.
Firstly, t...
I’m about to list several vacant lots of land for sale. I hope to net around $800k after fees and closing costs. I want to do a 1031 exchange with the proceeds into one or more MF properties.
Assuming that I could g...
Hey BP. I've been spending some time analyzing my costs, and as I begin to make the switch to living off of my real estate income, I'm looking at ways to make more or save more. Currently I own two apartment buildings...