Aaron Francis
Refinancing a rental that's currently under a residential loan
I bought a double about 8 or 9 years ago (give or take) that was an FHA under my personal name (house hacked and lived there for a number of years). I would like to refi to take advantage of the current abnormally low...
Matt Bontrager
Simple SFR that Cash FLOWS
Investment Info:
Single-family residence buy & hold investment in Ashfield.
Purchase price: $315,000
Cash invested: $25,000
Nice, new, 3 bed 2 bath 1,800sqft that rents easily because it's in a n...
Charity Mason
mortgage vs home equity loan to purchase investment property
I'm considering a home equity loan (I own my primary residence free and clear) to purchase an investment property vs. using a traditional mortgage. With home equity loan I'll have a lower interest, and no down payment...
Joshua McMillion
Creative Financing Using a TSP 401K For REI
BiggerPocket Military,
Got a question for you. I am looking to purchase a third investment property using creative financing strategies. I want to avoid hard or private money lenders since this will be a conventiona...
Tea Marie
Downpayment vs. 401K savings -how much
Hello,My goal is to purchase my first rental property (non-local) in 2017. I have just reached my emergency savings goal, now I want to save as much as I can for a down payment. Except for my emergency fund, all of m...
Chris R.
Build an ADU (Additional Dwelling Unit)
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $170,000
Cash invested: $25,000
Build a house on my property below my primary residence to rent. Build cost is arou...
Tracy Jacklovitz
how to buy a second rental home
I have my own house I live in with a mortgage of 90.000. its value is 100.000. I have house I rent out and own free and clear its worth 35,000. I also rent out a 1 bed room apartment in the house I live. in. my questi...
Austin Mulhern
Issues getting 46k mortgage loan due to Self Employment
Self employed in the film industry, grossed about 140k last year. Trying to get a 46k loan through my credit union to buy a house off of my dad.Bank just denied me, due to my Schedule C reporting a loss and apparently...
Miles Stanley
Can you have multiple home equity loans at once?
So I have a HELOC on my primary home. We recently bought a house for cash and I plan to fix it and move into it and do a home equity loan to tap into my equity. i plan to keep my old home (the one with the HELOC) as...
John Catlett
Leveraging Equity to Finance STR/House hack ADU
Hello BP,My name is John and my wife and I currently have one long term rental and our primary residence. As we have just moved into our primary, we are ready to take the next steps on acquiring our next rental. We ar...