Zebuel Early
Using Home Equity For Investment - HELOC vs Cash Out Refi
I'm an investor living in The Bay Area looking to purchase my first out-of-state asset in Northwest Arkansas. Prices are just too high for me in my market. However, having just switched over from a Sole Proprieter to ...
Mary White
Paying off Home or Refinance and Take Cash Out- advice please!
Okay, so I know much of the advice out there says to leverage your primary home to increase your capital for buying properties. I'm considering going a different direction and paying off our primary home to increase c...
Julie Verardi
Refinancing in NJ- Do I need a lawyer? What fees are involved?
What have people paid in application fees when refinancing in New Jersey? Do most people get a lawyer when refinancing or is it straight forward?
Bryce Matson
Question on whether we should Cash-Out ReFi, sell or leave as is
Hi All,We own a house in LA and are moving away. We want to convert our garage into an ADU and then rent out the main house and ADU. The main house would be 3 bdr/2 bath and ADU a 1 bed/1 bath. We think the max rent w...
Holden Smith
Save for down payment or payoff debt before investing
I am 25 and my wife is 27. We take home about $4,500 a month. We have a mortgage on our home that we bought just 2 years ago (no equity) and have about $80,000 in student loan debt at about 5%. I am looking for advise...
Nat Love
Single Family with HELOC?
Looking for some advice
I’m new to REI and want to find the best way to move forward. Right now, house hacking is out of the picture for me, and I have to stay in the Borough of Paramus for the time being.
I current...
Adrian Jinks
First Time Home Buyer of Multi-Family Property Help
Hi Everyone,I am currently under attorney review on my first property in Northern New Jersey. The purchase price is 270k, it's a 3 bedroom, two-unit property. with 2 bedrooms up and 1 down. Property taxes are 4,800 an...
Alfred Litton
Just a Few Dollars Short!
Hi All. I currently own 2 SFHs outright (no debt and both in my LLC) and wish to purchase a 3rd. I have $50K but would need about $85K for the 3rd home. I don't want to do a traditional mortgage since the amount is ...
Marie Jensen
Pay off "second home" with inheritance
We have a second home where one of our adult children is living. She is unable to pay rent (long story but may never be able). Right now we are paying the mortgage of $1,000 a month at 4.125%, with a $188k balance. I ...
Jared Schott
Long Term Rental by assuming loan; risky idea?
Hi folks I previously posted about a 5 bed 4.5 bath house for sale at 590,000 and has been up for 60 days. This house has an FHA loan that I can take over and all in it'll be 2k/month. however, the amount left on loan...