Jeffrey Swanson
HELOC or Cash Out Refi?
I am looking to get into my first rental property. My plan is to BRRRR. My question is should I use a HELCO or cash out refi from my primary residence to fund it? what are the pros and cons of each? is one more risk t...
Mike Trzaska
Home Run BRRRR in Cleveland (Garfield Heights)
Investment Info:
Single-family residence buy & hold investment in Garfield Heights.
Purchase price: $22,500
Cash invested: $55,500
This was my second full BRRRR. Cash invested - $55k, Appraised V...
Cameron Rockwell
Buy and Hold/House Hacking
Investment Info:
Townhouse buy & hold investment in Virginia Beach.
Purchase price: $155,000
Cash invested: $1,100
House is 3 bedroom 2 and a half bath with 1428 square feet. I live in the master...
Blake Harris
FHA 203k loan refinanced to conventional? BRRR...?
After researching the 203k loan in more depth, I now have discovered that you potentially cannot do traditional cash-out refinance. First, is that true? Second, how would you approach the refinance to complete the BRR...
N/A N/A
what would you do?
I've got an uncle is having trouble making his mortgage payment. Last year he refin into a variable rate ( I know I know)...He's got really bad credit and now that the subprime has gone to the dogs I was thinking abo...
Benjamin Swicegood
Renting my house out to buy another house.
Hi BP question... If I am currently renting out half of my downstairs in my home and thinking about renting the rest of house approx 1400 sq. feet would I be able to use that money to help finance another house. In ot...
Barbara G.
SHOULD WE ADD A 3RD BEDROOM TO OUR BRRR INVESTMENT HOUSE?
We have just started renovating the Duplex House (with a first floor 2 car garage) that we have purchased to Buy, Renovate, Rent and Refinance. (BRRR). We are wondering if we should change our plans and and change ...
Matt Merkel
Minnesota subject-to family strategy, legal?
hey BP community!I have been sitting here thinking about ways to fond money for future investments. I am new and am currently in the process of my first approval for a duplex and am really tight on cash. My brother an...
Mike Komenda
Advice sought on Cash-out refi
Hey all, I just started on the BP forums here and have already learned a wealth of info but as always, every situation is unique, therefore i'm reaching out for advice.
My situation is as follows:
1.Mortgaging my pri...
Dennis Soto
Should I cash-out or continue to hold?
I am an amateur when it comes to real estate investing. However, in 2012 I made a homerun deal that if managed properly it can get me to my new realized dream of becoming an actual investor. Here's the deal:
I bought...