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...
In this market I am having trouble finding loans for investment properties that are long enough to make the properties cash flow. Best I have found with limited research is 20 yr fixed or a 25 yr variable that resets...
Hi all, I'm in need of some advice, here's my situation as precise as I can make it:I purchased 2 duplexes and am close to finishing renovations on the first one. We've done some pretty extensive work: full interior r...
Happy Wednesday all! I am new to BP and have recently taken a dive headfirst into learning all about REI and how I might be able to leverage some of the investing strategies to create passive income into retirement. F...
BP I need your help!I have a property in Orange, CA that used to be primary residence from 2005 to 2009. I bought it near the peak of the market and was under water in 2009 when we needed to move for a new job. The...
Hi smart people,I am deciding between pulling capital out either through an investment property HELOC or cash put refi. Which would you choose and why?HELOC~60k out (80% LTV)-no origination fee, $99/year which can be ...
Why should I buy now instead of a little on down the road when prices go down and intrest rates go up? Any insight on this?
I would greatly appreciate a little insight from some of you experienced guys. Today, I found my first private lender. He is a very successful surgeon. I have know him for many years. He has given me full access to m...
So, I have a duplex that has about $150,000 in equity and I am starting to think about purchasing my next investment property. Ideally I'd take $20-$30k out with a HELOC to fund my next downpayment. I hear that gettin...
I am a new investor in the San Antonio area and I am looking for a local bank to do my refinance throughout my LLC.
I have talked with many local banks but everyone is lending with variable rates. Does anyone know if...