Sol Dubnov
stuck with construction financing
Hi,
We've purchased a 2 unit fixer in cash as an investment but can not get a loan for remodeling it even though we have equity in the property. We own a primary residence on which we make mortgage payments. The re...
Jason Bridges
Flip or Rent??
Hello, my wife and I are first time investors. We recently purchased a single family detached home with a tax value of 120K. We bought the property as a short sale for $60K. We are currently undecided on whether we sh...
Aaron Winters
Marketing to Motivated Sellers
Good day all!I've recently started marketing for my cash buyers site and am curious what type of methods you use to do this? I've propped up a site, have a blog I'm able to post to, and have introduced AdWords as a me...
Robert Rodriguez
Should I open a HELOC or pay off my house
Few years ago my wife and I made the decision to pay off our rental property. Not my thoughts but hers, she just felt more comfortable/less pressure knowing we didn't have 3 mortgages due (our own and two rentals). Of...
Stefan Gray
Rents Only Cover Mortgage
Hello bigger pockets community. After months of searching for a Duplex, I've finally found one. I plan on living in one unit and renting out the other eventually moving out and renting both units. Total income from bo...
Alex M.
My 5 year plan - what's yours?
There's a part of me that hopes that in writing this, it will somehow make it much more real - so here goes:My five year plan in action (2014-2018) - what's yours?2014The plan: Fix credit (destroyed from divorce and s...
Katherine Ayvar
fixer upper and a mortgage or a distressed property and hard mone
Hello,
I am a new real estate investor. I got pre-approved for a mortgage.
I am looking to start right now with a fixer upper multi family property or single home in the middlesex or essex county. In the following ...
Nick Coonis
When to hold a flip?
Hello BP, I'm planning my business and designing my strategy, which will be to primarily fix and flip while holding on to a unit here and there to keep as a rental. This is the model that most excites me. I know a lot...
Qiong L.
Lessons from refi after all cash purchase?
Hi BP community. What are your thoughts about doing a cash out refinance after making an all cash offer? Has anyone tried this? All cash offers would certainly increase leverage during the purchase process, but wonder...
Michael Mai
Should I Cash-out Refinance in AZ?
Hey all - I hope all is well with everyone and the family =) ! I am in a difficult situation, hope you all can help with this tough question, SHOULD I DO A CASH-OUT REFINANCE NOW OR A LATER DATE WHEN I NEED THE CASH F...