When people buy rehab and refinance a partially occupied MFH, do you refinance immediately after you rehab the exterior and the vacant units and rent it out? Or do you rehab all units, vacant or occupied (when their l...
The FED left interest rates unchanged today and indicated that they are likely to begin cutting several times in the coming year. The mortgage market has responded with one of the largest daily rate drops in my two de...
Hello all! My name is Tyler and I'm here to introduce myself as a new member of Bigger Pockets and the real estate community. As a younger professional with zero debt, I'm interested in learning more about the analysi...
I'm curious if it makes sense to use a home equity line of credit (HELOC) to fund the down payment & rehab on a buy-and-hold rent property, but I'm not sure what the exit strategy would be. If you just pay back th...
Hello everybody, so I bought a duplex 7 months ago, racked up about 15k on three different credit cards. I don't want to explain haha.
QUESTION: Is there a way to deal with this debt more strategically??
I've hear...
Earlier this year we bought two houses that needed major work. We purchased them with a Fannie Mae Homestyle loan, which is similar to an FHA 203k. I got a bit carried away on the rehab, going beyond the bank loan amo...
Hello everybody, long time browser of BP but first post. With the impending recession on the horizon, I’m curious if there are any apartment syndicators on BP that owned / managed properties during the last recession?...
I'm seeking advice and stories from anyone who has jumped from SFH to multifamily homes. I have 3 properties that I'd like to 1031 into a multifamily building. My primary goal is cash flow and to keep personal time in...
Does anyone have experience using a HELOC to pay off a mortgage early? I just bought my first property and had never heard of such a concept until I was recently listening to the Real Estate Guys Podcast. I've been li...