Joe Chaps
Home equity to purchase investment property..
Hello All.. Quick question for you pro's.. We moved to Hawaii for a contract job....We are renting here and do not intend to buy.. I have a lake house in Texas that is paid for.... This was our primary residence befo...
Russ Schlehuber
It's time to start investing!
Hi, I signed up a while back but have not been active. This is really my first time looking around and I'm brand new to real estate investing. I've purchased and sold homes in the past but all as primary residences. I...
Justin Lance
HELOC vs Cash Out Refi
I am a newbie investor looking to get started in real estate. I have my primary residence with ~$20k in equity that I could pull out via a HELOC or cash out refi to purchase a duplex that I intend to house hack and ma...
Nate Castle
Is it a requirement to owner occupy an FHA loan assumption?
We are in the process of looking at a FHA loan assumption. My question is “ is it a FHA requirement that we need to live in the property after the assumption? Or have the original owners already satisfied this require...
Max Tierney
Short Term Rental Financing
Hey guys, I recently just purchased my first STR property. Most loans i came across require 20-25% down when purchasing a property that is going to be used for STR. I have heard 100 times, "once you get one STR its re...
Houston Quintanilla
VA loan for first househack. How bout deal #2?
Greetings fellow BP members!
I’m 25, new to the financial independence community, and excited I found BP. After 3 months of study and research, I have chosen my initial RE investment strategy. Constructive criticism ...
Aaron Dearth
Our First Deal Cash out Refi
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $137,000
Cash invested: $53,000
On our first deal we utilized the BRRRR strategy to purchase this property using a ...
Jonathan S.
Cash Out Refi-thoughts?
Hi All,Need some advice, bought a owner occupant duplex for 160k; put near 25k into it. Terms: 30yr 3.5%, 0 down(VA loan), rent covers mortgage. I have the option for a 100% cash out refi at 3.375% locked in today. Zi...
Forrest Kalk
Brooklyn Park Wholesale
Investment Info:
Single-family residence wholesale investment.
Purchase price: $305,000
Sale price: $320,000
My investor partner and I bought this property from an out of state owner who was looking ...
Taylor Bride
First timer looking for house hacking/strategy advice!
I am brand new here and working on a strategy to purchase my first multifamily property. I am working on a 6 (ish) year plan and am hoping to get some feedback/advice. I’m fairly young and don’t personally know any re...