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...
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 ...
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...
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...
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...
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...
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...
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 ...
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...
Hi, Since the tax reform, the primary home mortgage interest we pay is no longer a deduction. In this case I'm thinking maybe I should refinance an investment property to cash out the exact amount to pay off my prim...