Cordell Reynolds
advice for auction purchases
I rerecently found a house up for auction in my hometown even if the house doubles from the original bid. Any suggestions on how to raise the capital in time to strike. Btw, this will be my first purchase.
Adonis Yancey
FHA or Conventional loan
For an investor who is house hacking which loan option is better? Conventional or FHA. I learned that typically for FHA you can put down 3.5% but for conventional you can put down 3%. For the FHA you get charged twice...
David Krulac
Double dip in Housing and the Blackstone Group
see article:
http://moneymorning.com/2013/10/30/new-rental-securitization-deal-likely-heralds-double-dip-in-housing/
Vinny Incognoli
HELOC Primary Home for Down Payment?
Is it wise to take a HELOC on my primary home to for the downpayment for a short term rental property? I would have the HELOC as well as mortgage to pay. What are the pros and cons to this approach?The HELOC would be ...
Michael Balaska
HELOC versus saving more money to get started
I would like to buy my first rental property and I am looking at turnkey rentals. I currently work full time with a good salary and benefits so I don’t plan to quit my job at this point. My goal is to start building p...
Rebecca Z.
15 vs 30 year loan for heloc
We are buying our primary residential house and are thinking about opening a heloc after closing to pay off the mortgage sooner. In this case is a 15 year mortgage better than a 30 year? Since the interest rate is low...
Jered Collins
Question to recaptured depreciation and capital gains tax
Perhaps this subject has been discussed in depth before but I want to reinvigorate the importance of understanding the effects of recaptured depreciation and capital gains tax on sale of multifamily properties. I've ...
Darnell Lockett
New investors...Should you start out small vs larger when investing in Multi-Family?
I've seen this question often here on BP. When you're first starting out as an investor and you want it to be in MF properties, is it better to start with a 2-4 unit or go with something larger such as a 10-12 unit? I...
Chesley Barba
Example of owner financing in wa state
How would an owner financing loan look like if a home is for sale for $399,000? Would that be a great investment? Or example please just getting into real estate investing. The home is in Tacoma wA.
Tingjun Lei
Cash out Refi Recommendations
Hello all BP Pros,Want to get your opinions on this. Thanks in advance! I am trying to do cash out of my rental property. It's a single family home at south FL, purchased with all cash, free and clear, rented out. I w...