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We purchased our first investment property, a 2/1 house for $80,000. We put $20,000 of our money down and financed the rest for 30 years @ 4.75% with a payment of $450. Then took out a HELOC against our primary reside...
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I'm currently working full-time and am finishing up my undergrad degree and have been saving just about every penny I could since I started working full-time last June and have built up a savings/investment portfolio ...
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Hello Everyone! I have had some great success with a VA loan in San Diego in my 2 bd 2 ba condo. It has allowed me to gain wealth faster than renting, but now I find acquiring the next property very daunting. I feel a...
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Someone out there please give me some advice about the HELOC I took on my primary to buy my STR. It’s at a variable rate and just keeps rising. We owe 178k and the interest only payment is $1455 this month. We have on...
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I saw an article on it here: https://www.biggerpockets.com/renewsblog/2013/03/16/real-estate-credit-card/#comment-230238and one guy in the comments said he would purchase entire homes via credit cards.So financing the...
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Hey everyone,I have a question about financing and multiple properties. I currently own 3 properties, all still carry a mortgage. Is there any banks or lenders that offer a loan to cover all three properties (or mul...
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Just want to thank everyone for all the info provided here. I bought my first rental about 1.5 years ago. Last week I collected the deposit to rent out my second unit. This house was purchased as my primary 4.5 year a...
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I am planning on purchasing my first rental property within the next year. I am currently in contact with a potential broker who let me know what he can do for me. He seems very knowledgeable and was introduced to me ...
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I'm hoping to build out my portfolio in the coming years and may face situations where I purchase properties from different turnkey providers in the same market. Given that each turnkey provider has their own establis...
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Hello, I'm in the business of finding properties for investors in the South Florida market. Because my clientele is so profit-focused, I get daily questions about current real estate market trends. I do my best to kee...