Monty McLamb
Small mobile home park valuation
I’m a beginning investor with 2 properties (1 duplex and 1 end unit of a triplex.) I own 2 rural acres on which my personal residence sits. Directly across the road from my property is an 8 unit mobile home park that ...
Nick Cascio
Less than 2 years of consistant employment
Hello all, This will be my first post on BP, and will serve to pose a question to overcome my first hurdle on the road to owning and home and gaining beautiful equity. I'm 24, working in the Texas oilfields, have a Me...
Anna Watkins
Need help figuring HELOC payments (using it to pay cash for a house)
Last week I started an application for a HELOC on my primary residence in metro Atlanta, figuring I was going to have to have cash to compete for the better deals in my investing area. The next day I found out a sell...
Eric DeVito
Cash out Refinance into a Higher Interest Rate?
hello all, I currently have a 30 year fixed 3.0 rate on my primary SFH residence. Paying about 1250 a month. I have close too 200k in equity. Would it be smart to do a VA cash out refinance to a 30yr 3.8 rate and pay ...
Andrew Yip
Need advice on making decision hold or sell
Hi Bigger pocketers,Through bigger pockets, I've been a big fan of BRRR. I bought and hold properties in southen california area ( total 6 investment properties). My investment properties would be considered class B ...
Aaron Akins
Refi: 15yr vs 30yr; Cash vs HELOC
Hello All!
I’m needing some advice and I’m hoping to get several opinions/points of view with respect to 15yr vs 30yr and cash out refi vs HELOC on my primary residence and a decision that I’m trying to make which al...
Victor Hugo Acevedo
Cash-out Refinance vs HELOC at such low rates!
Hello BP Family,
I am interested in hearing your thoughts (possibly even using as a recommendation) regarding the option of doing a cash-out refinance on my primary residence or refinancing and taking out a HELOC?
...
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...
Daniella Spears
Use my 75k heloc to pay down my mortgage or invest?
Hello BP Community! I'm fairly new so bare with me please! I obtained a heloc for 75k and I can't decide if I should throw that down( or a portion) on my mortgage where the interest rate is 4.49 or use it to invest i...
James Palassis
Tying Private Lending Rate to WSJ Prime Rate? (As the lender)
I have been lending for a few years now, with terms anywhere between 6 and 12 months. I've been approached by someone I've lent to in the past asking for a 5 year term. Great history with this borrower, always pays, n...