James Baker
BRRRR Refinance vs. HELOC
Hello BP nation. Question for those with experience and or knowledge in the process of BRRRR. This might be a crazy question but is there a reason why people do not use a HELOC vs. a refinance during the BRRRR proce...
Brandon Kessler
Using a VA loan while still in the barracks
I am currently staying in the barracks on base in the Oklahoma City area, and plan to purchase my first property through a VA loan to get started. Should I purchase while Im staying in the barracks and rent it to a te...
Shawn Abe
Refinance HML with a 203K Loan
Does anyone know if you can purchase a property with hard money, and then refinance it with a 203k loan? I would by an owner occupant. The only reason for using hard money in the first place would be if they want quic...
Tom Smith
Is there any minimum length to do a 1031 exchange on a property?
Is there any minimum length to do a 1031 exchange on a property? Let's say you but a owner-occupied rental property but then decide that you want to move to another state to do another house hack in 3 months. Could yo...
Chris Farinella
Trouble Grasping This Concept:
“More valuable homes are likely to cash flow less, if at all, than lower value homes”I hear this repeated a lot and haven’t yet heard or found the explanation. I assumed that more valuable homes would simply have much...
Derik S.
Passive Investing or Active Investing: What makes more profit?
My fellow investors, and RE pros, I need your opinion. This would also be a good question for #AskBP. While I would think active investing (you know, wholesaling, flipping, being a landlord) as well as value adding to...
Daniel G.
Investor financing with equity - how does it work?
So I'm starting out considering rental property investing. I've talked with my lender (on my current house) and asked some questions.
I have $200-$230K in equity I can access depending on how an appraisal of my hous...
Arshiya Taami
House Hacking FHA Loan
I've been living with my parents and I am planning on getting an FHA Loan to purchase my first home. I want to house hack and rent all of the rooms out (since with an FHA Loan I have to be a primary resident I cannot ...
Mike Arias
Is it true that having a SFH as a primary allows you easier access for HEL?
From my research, owning a condo as a primary is more restrictive than owning a SFH because lenders view condos are higher risk. Is that true? So if one wants to buy investment properties, is it harder to get approv...
James Park
Subject to, but small loan - what to do?
Hi all,I've purchased properties subject to, and I understand how it works.I am currently looking at a deal where the sales price is $290K and there is an existing loan for $150K. The loan is fixed at 3% over 30 years...