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If I purchase a rental property with 45k cash down and 25k in seller finance, 10% interest only, with a balloon in 3-5 years will a bank allow me to take out a mortgage on the property and cash out in order to pay off...
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This is not going to be a popular post because I am going to talk about debt free investing. That means never using debt or private lending for real estate. First, let me state that I don’t believe Dave Ramsey is the ...
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Dear BP,I closed on my first home/investment property. An old, out-dated home with a ton of potential. The max I want to go is $15-20K.Rather than using my own cash, I was thinking about financing the project for a ye...
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Hi All This is my first post in BP. Great community here. Glad I could find this. I have a primary in California and looking for my first investment property in Austin. There are some new home under construction in Hu...
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So I’m having some analysis paralysis with looking at a Cash out refi vs a HELOC on my primary residence. To paint a picture, living in a townhome and will rent it out when we move in 2-4 years. I want to take advanta...
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Hello All,Goal: to provide a fatFIRE lifestyle at a typical retirement age. Currently, I'm 43 and my retirement age would be 68. My wife and I own 2 duplexes and 9 SFM for 13 units, we cash flow about $5,500 a month...
Hi fellas,I am new to BiggerPockets and would love to ask my first question. I am total newbie when it comes to real estate investment. I have a well paying FT job in the Bay area and also e-commerce business on the ...
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Hi all,I am about to change jobs and will be purchasing an investment property once my vehicle is paid off in 2016. I emailed my HR person to obtain a Terms of Withdrawal to review if my next employer will allow for l...
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Hey folks!I had some trouble figuring out where this fits, as it's more of a strategic decision I'm hoping to get some other perspectives about. I'm going to just kind of bare all of the thoughts that have been slowly...
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Hello folks, I just want to start off by saying I have enjoyed all the discussions on here and the wealth of information being shared! It never really occurred to me that I could or should think about real estate ...