Hi BP!
I'm asking more for a friend who will be "inheriting" his grandparents property (or in this case more debt). I say this because he cannot sell the property which also is in need of repair and he has to pay ou...
I have been talking to banks and some say the maximum number of investment properties they can do a heloc for you is 4.
I'm planning to pay cash for my investment properties and then pull out the money using heloc.
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I live in a HCOL area (Boston) and am aiming to get started on a house hack next year. My situation is perhaps a little unusual in that I have a relatively new big tech job where about 50-60% of my compensation is com...
As a real estate investor seeking a Debt Service Coverage Ratio (DSCR) loan, you should reach out to multiple commercial lenders such as banks, credit unions, and alternative lenders. It's recommended to compare the r...
I feel like I have WAY too much equity sitting and doing nothing for me across my 5 LTR properties:
* Rental A: 235k (Market: 440k)
* Rental B: 140k (Market: 210k)
* Rental C: 130k (Market: 200k)
* Rental D: 75k (...
Dearest BP Community - I come to you again for advice and a crazy check, so thank you ahead of time.Here's my situation/question: I own my primary residence in Fort Worth, Texas. It is worth 210k and I owe 162k, ther...
We are buying our primary residential house and are thinking about opening a heloc after closing to pay off the mortgage sooner. In this case is a 15 year mortgage better than a 30 year? Since the interest rate is low...
Hey BP community! I'm just getting started in my investing journey and I'm really liking the house-hacking concept. I currently live in the Clarksville, TN area and I'm actively looking for properties but I'd love som...
Greetings all I am new here, I'm 23 I left college 16 months ago and began working on the books In april 2020 at my current job. Currently I make 900-1000$ bring home weekly(variable income). This is going to be the f...
Ok here’s my situation - Bought a house 3 years ago with the intention of flipping and then selling with in 4-5 years. We bought when interest rates were low (3%) and have a relatively inexpensive mortgage payment. Re...