Write your postHiI have a MF that I can payoff with cash and not break the bank.  Should I pay it off and then open a heloc.  By doing so I would receive $300/mo extra cash flow.  I would also lower the interest on th...

Good evening BP,Finally closed on my fourth and fifth properties and turned them over to PMs. We also pulled a HELOC out to give us a little bit of a safety net, due to the purchases crushing our savings. Right now we...

Hey

I called them up to ask some questions about using them for a few mailings of postcards and their rates were good. They work with you to design your own card and etc. I just want to know has anyone had a...

Long time lurker, first time poster. I'll try to keep this short and concise. I own free and clear, 17 acres outside of Houston, TX. The county appraisal values the property at $200,000. Raw land, no structures.I woul...

Good morning everyone! I recently learned that it's harder to get a cash out refinance loan when your property is being held in an LLC. Do you know what type of banks/lenders to look for who will do this? And what a i...

Hello Beloved BP Community - I come to you once again for advice:I spent the last 10 years of my life being a W2 individual with decent income.  During that time I bought and sold two single family homes (SFHs) which ...

Hi All,Just bought a small house with a guest house in Phoenix. I'm a brand new landlord - I'll be living in the guest house with tenants in the main house. I only have one electric panel so I'd like to get a sub mete...

Hi everyone! I've been reading about ways to acquire a second property while holding on to my primary residence, but there are so many people with so many different ideas. Some complicating, some simple. What doesn't ...

I was reviewing my payment statement from the mortgage company and have always been confused at the interest rate etc.

Right now it shows: Payment-$1350.55, interest-$937.17, Escrow-$78.55
We have a interest rate of...

My husband and I own a SFH- it’s a ranch 2/1 with a 2.75% interest rate. We owe 200,000 on it and have $100,000 available to us via a HELOC. We make a very modest income (about 80,000/year) and have 2 small children. ...