Danny Morrell
Looking to start. Little cash on hand.
Hey all!I was hoping to get some insight... I've got about $10,000 on hand and would like to get my first rental. I recently purchased primary residence and I'm not sure if any of the low down payment options would be...
Bud Gaffney
Banks/Lenders that do HELOC's on Investment Properties?
Hi all! Does anyone know of any banks/lenders that are doing HELOC's on Investment Properties currently? I have called several banks, credit unions and have had no luck. Any insight would be greatly appreciated. Thank...
Steven Baca
Turning $55k into $1M+ [CONTINUED using BRRRR]
Expert advice needed!!I bought a townhouse in 2016 for $95k and have been renting it out since 2018 (creating ~$300+ monthly cash flow), as of today current mortgage due us $74k. This townhouse has now appreciated to...
Adam Tamer
First time investor looking for advice!
Hey everyone, I'm looking to make my first investment into real estate this year and love the BRRRR strategy. To give a little background, I have about 6 months of historical W-2 income (just graduated from college in...
Bob Foglia
Medium-term vs. long-term and furnished vs. not?
I will be moving out of state but would like to keep my primary residence as a rental. I was contemplating leaving all the furniture and setting up a "room share" medium-term rental over a traditional lease agreement....
Jordan Holt
Insight on DSCR vs standard commercial cash out refi
I am just finishing up a rehab and its about time to get my hard money lender paid back, and get the money I put into the deal back out to rinse and repeat. The property is in my LLC and I am trying to figure out if I...
Stepheni Larson
Using Home Equity Loan or 30 Year fixed loan?
Hello BP! I got an offer accepted today for a rental property with a price of 138k. I have my primary residence paid off worth 220k. Should I use a 30 year traditional loan at rate of 4.875% and 4000 closing cost OR h...
Brandon Neiss
Cross-collaterlization to secure a larger HELOC
Good Evening - I'll cut right to the chase. I am looking at an REO property where the bank will only accept a cash deal. Have any of you had success in cross-collateralizing your properties to secure a higher HELOC or...
Charlie John
Refinancing primary residence
Hey BP,Hoping to get some insight into financing... I have two mortgages on my primary residence. One is for $320k at 6.0% for 2.5 more years (private money) and the payment is $1950. The second is for $85k at 3.0% (s...
Irene Hunter
To Purchase our First Rental Property Using an LLC
Hello Everyone I'm so happy I've found this website the information here is amazing! Question all, my husband and I are wondering if it is possible to purchase our first rental property under our LLC and it not effec...