I have a home that I will be leasing shortly (that I was staying.. Moving out for job reasons). I pay around $2,500 per month on a 15 year and may have another 10 years before it will be paid off. The amount I pay in...
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Hello everyone. I have been getting educated on buying my first property and am interested in house hacking.
I bought a home in 2020 and have a decent amount of equity around $100k. I am considering renting my home a...
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So I've been wanting to get into REI for about 2 years now and I just didn't know how I was going to do so because I didn't have the money to start investing because I am so young and in college. I've talked with many...
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As we all know, in the recent weeks Fannie Mae changed their seasoning period requirement for conventional cash-out refinances. It changed from 6 months to 12 months. I'm wondering, what is your take on how these chan...
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I am looking to complete a BRRRR (is it still possible to do these??) and have started calling on local credit unions to discuss the refinancing portion of the transaction. In my most recent call I was told that if t...
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What do YOU prefer - LOC or cash out refinance to pull out equity in a non-owner occupied investment property?I have a long-term buy and hold strategy. I purchased and renovated a multi-family investment property over...
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I've been assessing the risks to my buy and hold plan knowing I can't predict the future of the market. I discussed "dollar cost averaging" in a thread a week or so ago and most people seemed to agree. I listened to...
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I want to buy a sfh rental using my 401k. Essentially I want to be my own private lender by loaning myself funds out of my 401k to buy the property free and clear and then do a refi 6 or so months down the road in ord...
Hello ,
I am currently thinking about selling a rental property because the rent I receive does not cover my expenses. I’ve been renting it since I purchased it 5 years ago.
I paid $274 000. Its currently worth abou...
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I currently have a SFR rental in Los Angeles area which breaks even. It has a $150,000 in equity. The home I live in has $100,000 in equity in the same city. I would like to turn that equity into multiple rentals or u...