Ryan D
Truth in Equity - HELOCs
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...
Payton Haynes
New to renting and trying to find the best way to get a HELOC
Trying to find out how to go about getting a HELOC in Oklahoma to start getting cash flow. I have 5 house that need to be rehabilitated first but trying to start with my house first and then move on to the other 4.
Mike Dodd
‘Cash Out Refinance’ or HELOC?
I’m wanting to buy my first rental property this year. I’m about a month out from finishing renovations on my personal residence. My plan was to in a way to do a BRRRR except that I would continue to live in the prop...
Account Closed
Closing Costs Too High? :\
Hi BP - what do you think of this closing cost breakdown? Feel like this is a bit unnecessarily high? Property is in upstate NY (not NYC), investment property, and non-owner occupied. House was 58k, 25% down.
Billy Bob
Can an office in a master bedroom be called a bedroom?
I'm thinking about purchasing a different home to live in and putting down only 5%. I will have to pay PMI of about $500 per month. I could get a HELOC on one of my rentals for the other "15%" but then I would be payi...
Greg Christensen
How do the numbers typically look when comparing a new build vs. rehab on <25 Units?
I've had single family properties for quite some time and have been straddling the fence on buying some smaller multi-family properties. With the interest rates where they are, and the demand for housing so strong, I...
Greg Ripley
Estimating Multi Family Insurance Costs - Eastern Canada
Hey there,I'm a newer investor in Cumberland County, Nova Scotia, and I am just finishing my first flip project which I am excited to share in the coming weeks. I'd like to next buy a duplex/triplex and step foot thro...
David Schulwitz
BRRRR/Flip with Texas HELOC or all cash
Dearest BP Community - I come to you again for advice and a crazy check, so thank you ahead of time. Here's my situation/question: I own my primary residence in Fort Worth, Texas. It is worth 210k and I owe 162k, t...
Jack Barkow
What are the best ways to finance 5+ unit deals valued at <$1MM?
I'm currently looking at deals in my market that are 5-10 units. Nothing wild in comparison to the 50-100+ unit deals being discussed, but still exciting for me. The financing aspect of these deals is usually killin...
Andrew Nugent
Owner occupied 3.5% vs Hard money for my 2nd buy and hold
Hello BP!I am looking to do my second deal in an effort to continue building my rental portfolio. Right now I'm short on cash, could pull together some private investors however that would take more time then I wish t...