Dr. Jordan E Smith
Can you sell a home with a HELOC on it?
To get started on our first real estate deal, my husband and I are planning on selling our current home which has a small mortgage on it (15% value of home), downsize so we have no mortgage, use some cash from the sa...
Amanda Anderson
I have $4k what should i do to start?
I have $4k to cash on hand. And really want to start real estate investing. I have been wanting to for a while but have not had the courage to start. I have read books and been online youtube university. Any ideas or ...
Ginger Mermer
I can’t figure it out
I purchased my own home, tackled many renovation projects (while living there for 5 years), and sold it for $125,000 more than I bought it for. Which is great, but I don’t want to wait 5 years every time, in order to ...
Bob Foglia
To LLC or to not LLC?
I am a relatively new investor and haven't yet put any properties into another entity. I currently have two SFR's (self-managed) and am in the process of turning my current primary residence into a third SFR and movin...
Mark McManus
Tax/Trust Question in California (Proposition 13)
To whom tax attorney's or CPA's... Would it be more advantageous to purchase a home in California from my grandmother and therefore she add me to on title; or wait till she passes (she is 99 yrs old) and then simply b...
Juan Rosado
USDA Financial Option
One of my agents suggested that I apply for a USDA loan to finance my first property. It would be for a suburban area, therefore I could apply for it. Other than the common type of loans (FHA, and conventional) I don’...
Jason Dumbaugh
Sell or Rent primary residence?
Hello all,Looking for some sell-or-rent advice. My wife and I purchased our first-ever home in Viera, FL (on the Space Coast) for $430k back in Oct 2022 with 10% down using a 5/1 4.5% ARM. We're now 2y+ in, and set o...
Gladys Villa
First family home or real estate investment?
How did you all start in real estate? Did you buy your primary home plus house hacking it? Or bought a primary home and took out some cash from equity to buy a second home for investment? or let go of the primary home...
Greg Junge
Moving money around question - Helocs
Hi Bp,
So I have a 200k mortgage on my primary residence that's worth about 250k. But I plan on renting this house out in a year but I want to get a heloc on it before I do that, so I can get a highed heloc when it's...
Ashley Obasi
Second Deal in Expensive Market
I recently bought my first condo as my primary residence using low money down. After putting some money aside for reserves I have about $30k to invest into my second deal. Not sure on what my next step should be and I...