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My wife and I have three houses that we rent out. This journey started about 10 years ago. We have 15-year mortgages on these. The houses are worth about $800K (TX). We are very happy with how these houses appreciated...
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I've seen this question often here on BP. When you're first starting out as an investor and you want it to be in MF properties, is it better to start with a 2-4 unit or go with something larger such as a 10-12 unit? I...
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Hello all! I am excited to be part of this community. I am a first time home purchaser that is looking to invest the property instead of live in it. I am wondering what my options are insofar as choosing a loan. I can...
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We are new to REI. We are looking at house hacking. We can't seem to figure out if any of the BP can accurately help us decide if it is a good deal.We can buy a house that has been renting the upstairs and downstairs ...
HelloI am buying a new primary and in escrow on a seller financing property. Will the seller financing mortgage be counted in my DTI and ability to qualify for the mortgage on my primary residence?
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I want to build equity with my primary home as soon as possible. And I came across a method using HELOC to reduce the interest paid to the mortgage. Does any one have experience with it?
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Twice recently people have told me of this new strategy to use a HELOC to pay off your mortgage faster. You essentially take out a HELOC to pay off your first lien, and then use that account to direct deposit your pa...
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Hi all. I’m researching the market for owner financed mortgage notes. I found some stats that broke down by state the number of notes created in 2017. What jumped out at me were the numbers in TX, FL, and CA relative ...
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My business partner and I (we both live and operate in LA) are planning to set up an LLC for each flip we do.. But getting mixed advice on Nevada LLC's vs. CA ones.. Some say NV is kinder insofar as protecting us re p...
Anyone else getting notified this morning of paused Ashcroft distributions due to refinancing issues?
We have been working on refinancing the asset in order to access the equity and create liquidity to earnestly res...