Joe Burns
If you were in my situation what would you do?
Hello BP! I want to post today to hear some of your opinions and perspectives. I want to hear what you guys would do if you were in my position, or for anyone that is in my position what have you been doing to help yo...
Fendy Jn pierre
Help making sense of estimate
Hello, A few months ago I wrote about how I was done procrastinating and ready to get in the game. Since then I have been viewing properties and today I saw one that I thing the numbers might make sense and I am ready...
Caitlin Stables
Heloc vs cash out refi on current primary to purchase a STR
We own our primary with an FHA loan currently and we should have about 80k or so in equity based on comps. Is there a better v best way to go about this? We ultimately want to own a few local STR's in the Richmond/Cen...
Stepha L Lockwood
Comparing rates/terms for HELOC on primary before applying
Hi all! I’m a total newbie here and in the process of researching HELOC terms/rates from different banks for a line on my primary residence. I hope this isn’t a dumb question, but when comparing rates and terms for ...
Joe Si
Built to Rent companies
Looking for opinions on build-to-rent companies such as https://southernimpressionhomes.com/ and https://invest5s.com/portfolio/.
Are they a good option for investing in areas away from your home base? What type of r...
Mike S.
Are These Interest Rates Especially High?
I’m grateful for any insights folks can provide on current interest rates for an investment property. Do the following rates (issued in the past few days) seem especially high:
For a single family rental home:
+200,...
Todd Fithian
Cash out refi w/ higher interest rate but no PMI or HELOC
Hey BP,
Ive got a duplex that has an interest rate of 3.75% that I do not live in and has grown in its equity over the past few years.
It was purchased with an FHA loan and cash flows about $280 a month now that we n...
Lucas Rowell
Cash out Refi VA Loan
Hello & Good day BP community, hope everyone is having a great start to the day.
We have two homes that my wife and I own that we purchased utilizing my VA loan benefit, that are now cash flowing properties. One ...
Jonah Kubath
Refinance Personal Home for First Rental property
I have owned my home for 2 years now. I have roughly 140k in equity and I am looking to do a cash-out refinance. The cash will be used to start the BRRR method. I am looking at houses around 200-300k and then renov...
Drew C Grossman
Strategies with high interest rates
I’m curious to hear what everyone is doing to navigate this market with high interest ratesInvestors, agents, buyers/sellers and lenders what are you doing to close deals? Are you having to get creative? The Fed is pl...