Chris Duzan
Area Analysis
I've been looking around BiggerPockets for a little while and haven't found much on the subject of area analysis. I'm reading a book right now(Buy it, Rent it, Profit! by Bryan Chavis) that discusses analyzing an area...
Jared Schott
Long Term Rental by assuming loan; risky idea?
Hi folks I previously posted about a 5 bed 4.5 bath house for sale at 590,000 and has been up for 60 days. This house has an FHA loan that I can take over and all in it'll be 2k/month. however, the amount left on loan...
Account Closed
Figuring Out Home Equity
Are there ways that I could find out if a home that I do not own has equity?
Brad Simmons
First possible deal Wichita, Kansas
Multifamily converted house with a small 1 bed/bath house in back yard. Small house is 1 bed/bath and needs about $5000 (according to seller, so $7500) to get up and running. Rented previously for $375. Other two unit...
Brandon Sturgill
Portfolio Blanket Loan and Re-fi Options
I currently have a portfolio loan dressed as a 1/1 ARM on two properties. The lender has provided 80%LTV on one property I have owned and one I am buying ($254k combined value). So, basically the first property act...
Jeremyi Sanchez
Loans - 1st Property & 2nd Property
Hey guys, On my first property i was surprised that i had to put down 25%. Is that normal? is that the case moving forward for subsequent purchases, because that will take a long time to build capital and continue to ...
Asher Anthes
Using HELOC's
So, I cash out refi'ed my first property up to 80% at 3.75% fixed. I'm about to close a second mortgage to go up to 90% LTV and give me an additional $17,500 in cash out at 4.75%. I'm using all the money I get out o...
Jeremy Clarke
Need your creativity
So I own a rental property here in Denver. It has between $250k-$300k of equity in it at 3.25% interest rate. I gross about $1,200 a month after I pay the mortgage. Mortgage is $2,500, rent is $3,750. I'm looking to p...
Joaquin Camarasa
Would you refinance NOW or WAIT?
I bought this property with a friend 3 years ago with an FHA loan 4.2% interest rate. We have been househacking the property for 3 years. I moved out to the DMV area but my friend is still househacking it.We bought it...
Jason Dumbaugh
Sell or Rent primary residence?
Hello all,Looking for some sell-or-rent advice. My wife and I purchased our first-ever home in Viera, FL (on the Space Coast) for $430k back in Oct 2022 with 10% down using a 5/1 4.5% ARM. We're now 2y+ in, and set o...