I think that the obvious answer here is to House Hack, but hear me out and please tell me what you would recommend!I have house hacked 2 single family homes in Colorado Springs, moved out with both rentals cash-flowin...
Hello,Long time lurker first time poster! I am thinking about doing a cash out refi on my current home in order to invest in my first investment property. I am estimating that I have about $100k in equity in my curren...
Is $100,000.00 Equity high equity on a property that is worth $600,000.00?
Could someone explain owner financing? My understanding is that you find a great deal, use private or hard money to fund the deal. Market for residents that can't go to the bank so they come to you, they put down a n...
Hi BP community! I closed my first investment property, an off market private sale on the house next door, and have about 200k in equity. My local bank lender tells me that I can't tap into the equity for 12 months...
Sorry if this is in the wrong spot. Might have shot myself in the foot. I have a single family primary that I’m working to get rented out, I refinanced it on a 15 year a 2.375% because that dropped my total interest o...
Biggerpockets, I am in a situation where I’m trying to plan my next move. I currently have two mortgages one is my primary and the other is a long term rental. I also bought two homes seller finance homes that are ren...
I own five single family homes in the Twin Cities area (Minnesota) and am trying to learn if creating an LLC and transfering these five houses to the LLC is a good decision and worth the time and money for such a smal...
How would you refinance an investment property in Texas?One of my investment properties in El Paso is a SFH currently renting for $1,100. After my P.M. costs I collect $940 or so/month. The balance on my bridge loan i...
We presently own 1 investment property with about $20K in equity. We have the opportunity to purchase up to 6 more properties at once. My previous lender told me Blanket mortgages no longer exist. Is there any advi...