Phillip Dixon
Just starting out- Is this even possible?
Hello!
My wife and I are just working on building up some equity. We have a little bit of a suicide-run plan to try to buy a multi-family, and looking for a reality-check if we're going to hard, or perhaps into somet...
Kyle Kipka
Conventional loan investment property- PMI for life?!?
During the recent period of low interest rates I acquired some rentals with a 15% down payment in order to stretch my cash further toward down payments on additional properties.
This helped with the down payments and...
Patrick Nolan
Keeping debt vs paying off
I’m at a crossroads in a HCOL (Long Island) and need some feedback. I started by house-hacking my first home that’s a two family located in a prime downtown. We owe about $350k with under 20 years left to go at 4.25 a...
Michael A.
Investment property . rent half, live in half
Are there any special things to consider when looking at a property for both your primary residence and also to rent out the other half of the house?
I know that all the mortgage interest is still completely deductib...
Tom Nellman
Can you use a 401(k) Loan for down payment and then refinance?
Hi,I was looking to purchase a rental property using a 401(k) loan for the down payment and then I was curious if I could immediately refinance the mortgage to pay my 401(k) loan right back? I also have access to a $...
Frank Trigoso
How to trade 1 APT from additional properties! Thank you
Hello Bigger Pockets,Thank you for your time. Any help will truly be appreciated. I own one property that is Fair Market Value (FMV) at 130k. I owe 86k to the mortgage. Cash-on-Cash return is 14.5% annually. I own the...
Michael Greer
Cash out refi or pay off myself?
Hello everybody, I can use some advice. 2 years ago, I saved up a good chunk of money and decided to move back into real estate. I purchased a duplex well under market value and cashed out refied to get my money back...
Desiny Smith
50k Rehab Grant - Albany, NY
Per the Vacant Building Rehabilitation Grant buyers of vacant buildings can be granted up to $50,000 towards rehabilitation in Albany, NY. In exchange, half of the units (assuming it is a multi family) must be afforda...
Evan Manship
FHA Loan Owner Occupancy
Hey BP,
First time poster, long time reader. I am currently living with my parents but am considering purchasing my first home using FHA financing.I understand that FHA requires "owner occupancy" for at least...
Bruce Martin
Curtis Parker Fix N Flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $501,500
Cash invested: $90,000
Full remodel with additional two car garage with ADU above and second floor additio...