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Hi BP! I’m looking into getting a HELOC on my primary residence since I have significant equity mainly due to the current market. I’d like to use it as a down payment or cash purchase for my first investment property ...
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Hey All!Long time listener, first time caller... uh poster.If it helps form your opinion, a little background: We currently own a duplex down condo on the Far North side of Chicago, IL that we purchased almost two yea...
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As the subject states, I am just trying to figure out which funding is the better way to go. Looking to get equity from my current residence to acquire another property. I want to rent the home I am in now and the pos...
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Hi Y'all:We're in the stages of possibly transitioning away from our financial advisor at a large institution to a third party custodian and hiring a true Fiduciary. The one I'm considering right now is fee based only...
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Can one buy a property on market with cash then get an FHA loan after closing? Trying to be competitive in this market, and I know my FHA offers are going to be ignored. Any insight here? Thanks in advance!
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First, thanks to everyone here for creating/maintaining a great site. I'm new here and am learning a lot via the posts, articles, and more.
I've noticed that there are lots of posts and advice on how to get s...
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Hello BP!I'm a new investor and currently looking for a property to BRRRR. I plan on using the HELOC on my current home to purchase the home outright, then refinance with a conventional loan after repairs are complet...
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Hello,I am a software engineer who works remotely and lives in Jersey City. I am planning to invest in a house hack using the FHA loan. I have close to 50k to invest by Feb 2024, that is when my current lease ends and...
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I just wanted to get opinions on applying the rents you collect every month to the principle loan amount.
I have 2 rentals that are currently rented. The first one I've had for 3 years. I did not escrow the insuranc...
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Hello everyone,This is a beautiful deal that I'm doing in this current moment. I've bought a land in Calabasas, and I'm constructing a house. I intend to keep the property and recoup my entire investment + more.Here's...