Sean Gallagher
Using gift of equity as down payment, loan structure?
Looking to see if someone can better explain this for me, say a home purchase price is 150k and 30k is needed for down payment, relative seller agrees to a gift of equity of 30k, so the lender approves the buyer for 1...
James Cress
Can i buy a house for 25k and have equity if its valued at 50k?
Im thinking about investing in a 25k single family home thats actually valued at 57k. Will i instantly have 25k usable equity?
Lucas A Davidson
Seeking Refinancing Guidance
I posted last week with woes regarding lending - lenders only were wanting to grant 20 years, in short.Deets:
1. House was purchased for 62k. I had to put 0% down. In all, I'm about $3k out of pocket in this deal.2. ...
Lincoln Coverdale
Cash out Refi or Line of credit on a $50K investment property....
I am looking for advice on either getting a cash out refi or line of credit on a SFR investment property that I own out right and have 1 year rental history. The house appraised for $65,000 last year and I am only loo...
Julia Ann
Starting Out on a Vacation Rental Investment Idea
Found the right forum for me because I am definitely just "starting out!" Here's my situation: age 36 with a two family house in an extremely expensive suburb of Boston. I bought it from family members at a very steep...
Genesis Vanhoose
Using proceeds from a 1031 to buy mixed use property
So we had a piece of property that’s currently under contract to be sold. We are doing a 1031 exchange since we bought it for $70,000 and sold it for $260,000. I’m really confused about the mixed use 1031, I see a lot...
Korbin Hoffmann
Tax Sale Buy and Hold Rental
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $15,000
Cash invested: $85,000
This property was abandoned for years after the owner moved into a nursing home. Alt...
Glen Kilgore
Hello From Oregon
Hello all members of BiggerPockets and specifically members in Oregon. My name is Glen Kilgore from Salem Oregon and I have actively been investing in real estate since 1985. I remember my first foreclosure deal I ...
Derek Caldwell
Best way to get equity money out of my house for investments
I am a new investor from Utah and I am looking to get cash out from my current home to get into real estate investments. I have had my house appraised already and have approximately $90,000+ in equity. We have looked ...
Ryan Leake
Trying to make sense of residential STR regulations in Austin, TX? Here's what I know
Current status of residential Austin STR regulations:STRs must continue to be licensed, as the City of Austin will continue to enforce STR regulations[7]. In 2016, the city stopped issuing new non-owner occupied STR l...