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Results (10000)
Chris McDonald Pay off my rental or buy my 2nd
17 July 2017 | 4 replies

I recently purchased my first rental property (Duplex) for $65,000. I had to put 25% down for a 30 year mortgage so I still owe just under $49,000. I do have an investment mortgage on this property because I do not li...

Ben Mosier Use your own cash over a loan for short term deal?
12 February 2024 | 8 replies

I’m and trying to weigh out whether or not to use cash on hand or New Construction loan…. I am in the process of building two triplex townhomes buildings for a total of 6 units. I have a new construction loan in place...

Ryan Moore CD vs Savings, comparing the rates
3 August 2020 | 46 replies

On Ally, their savings accounts are 1.75% right now.  I was looking at their other products... why would anyone even consider a money market at 0.9%-1.0% and CDs that are <1.75%?  Is there something I'm missing abo...

Rudy Salomon Hi team, I would like group feedback on on my current buying and selling situation.
31 May 2023 | 4 replies

Hi Bigger pockets team, Here is my current situation. I am currently assuming a loan that has a 2.6% interest rate locked into the life of the loan and I am getting it $70k under market value. I am assuming $135k and ...

Dakota Cochran To refi or not to refi
16 April 2022 | 14 replies

So I’ve decided I’m gonna purchase another home and make my first home a rental. I have a family friend that’s a mortgage guy and I cant tell if he is in my best interest or just sees $$$. I was thinking cash flow is ...

Michelle Harrington HELOC, Home Equity Loan or Your Savings?
16 March 2021 | 15 replies

Hello Bigger Pockets Family! 
Just wondering, if you are a new investor buying a rental property and you have an equity from your personal home, which one would you use for a DP? HELOC, Home Equity Loan, or your savi...

Vince Nguyen Hard lender money for renovation or out of pocket
30 August 2022 | 9 replies

Hello I currently have about 165k to purchase an investment property. The down payment will be around 45k and closing cost will be around 12k and Reno will be around 150 gut job to get a high arv. Should I use all my ...

Elena Z. First life insurance - which ones have the best reputation in CA
11 March 2016 | 12 replies

Hello,I am looking to purchase life insurance for the first time in my life. From my law school classes I vaguely remember that whole life insurance is the bad one and  term life insurance is the good one hahaha. I ne...

Dhiren Ahir Need Advice paying mortgages
22 March 2021 | 9 replies

Hi newbie here. I need your advice weather I should aggressively payoff any of following mortgages or save up to buy more.Primary residence. 328k @ 2.75%Rental property 1, 133k @ 3.12%Rental property 2, 170k@ 3.50%.Bo...

John Peppard Rental property, does higher down payment make sense
2 March 2024 | 6 replies

Looking to purchase a rental property for $330k, leases are already in place for the following year and rent roll is $3200 per month. At 25% down I’m looking at roughly $2300 for principal, insurance, and taxes per mo...