Cody W Osborn
Townhouse Rental in Hillsboro
My wife and I own townhouse in Hilslboro near Intel (off Brookwood) and we are looking at potentially using a HELOC on the townhouse (>100k in equity) to eventually purchase our next primary residence while keepin...
Tyler Eastridge
Creative Finance Hybrid solution with VA loan
Hello,I have a friend who is trying to sell his house quickly to move to a different city with his wife and kids. He currently has a 2.8% interest rate with about 232K left on the mortgage. The mortgage is a VA ...
Ken Morton
Financing for 27k? Lots in Austin Texas.
Hello BP! I am currently putting my primary residence for sale or rent in Sunnyside Queens NYC I have about 175k in equity. There are two lots in Texas I want to buy near my mom’s place 35k for both. I want to even...
Brad Louden
Creating a new LLC - State Specific?
Hello, I assume I can open an LLC and it makes no difference what City/State I purchase a property in correct?
Shanita Parker
Assumable Mortgages
I found a guy with a list of assumable mortgages in my area. All of the homeshave at 20,000 in equity. What can i do with this, How can I make money off these properties? Is my only option ernting them out?
Chris Crull
HELOC on personal home to buy rental
Sorry, pretty green here... I've got around $175k in equity in my personal home. I've easily been approved for a $75k HELOC. I'm working on finding/buying my first rental property and the HELOC would be my main way to...
Joshua White
203K Load & Equity
As suggested by many of the seasoned BP members, today I took an agent friend out to lunch today to talk strategy, markets, etc. She was an investor at one point as well so she was able to speak directly to all of my ...
George Red
Rolling funds into next purchase, what cost basis?
A hypothetical to see how people factor costs when rolling equity forward into additional purchases.For this example assume you purchased property “A” for 100k, and put 25% down. 2 years later you sell it for 125k so...
Chris M.
Questions about putting property into an LLC for asset protection
Hi guys, I have some questions about putting property into LLCs/protecting assets, any information is greatly appreciated: Question 1: my understanding is that an LLC needs to be actively conducting business in its re...
Mike Brown
How do you use the BRRR method to pay off a home?
For example, say you buy an $80k home with $20k down and spend $15k in renos. It goes up to $125k after a year of "seasoning", which is an increase of $45k. In newbie terms, what is the process of using that $45k incr...