Alex Sabio
Cash out to Reinvest?
I bought a home in Durham, NC in 2006 for 130K. It is 2018 and the house is currently appraising for 190K and I owe 80K with 18 years left at 4.5% interest. The property has been great, same tenant for 12 + years and ...
Daniel Ahern
Hello! and where to find Cash flow 4-Plexes?
Hello!I'm just getting started on BP. Love it! It's great to be connected to a community of like minded RE investors. So much to learn, so much to do!!------ THE PLAN ------I plan to purchase $3 mil of small Multi-...
David Schulwitz
Better for BRRRR: HELOC or 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, ther...
Account Closed
Billing tenants for solar power in North Carolina?
Hello, I'm hoping somebody can help me understand the laws regarding utility payments in North Carolina a little better. I recently bought some property there where I plan on building a duplex, possibly two or three o...
George Gammon
"negative rates distort everything" warren buffet. how about RE?
The gravitational pull of interest rates according to Warren Buffett. How does this affect housing prices? must watch video for real estate investors. click here for video of Buffett discussing interest rates
N/A N/A
15 unit. 750K asking price. 650 rents. Good deal?
Hi guys
I'm considering this one.
Area is safe.
15 units, 2br each 800 sq ft, 1 bath
Rents 600 each
coin laundry in basement.
All updates are done. Needs nothing.
The asking price is 750K
Is that price good?...
Dave Harlan
Heloc loan not working like I thought it would.
So I'm new to the real-estate game and trying to get started. I'm working on a heloc loan for my house but it looks like it came up short of what I thought it would appraise for. So now the amount I was hoping to get ...
Mitch Ottoson
Condo vs house rental in BP calculator
Hello BP! I was hoping to get some help running an analysis on a condo in the Denver area. In single family houses and small multi family homes, I generally budget Capex between 7-10% but with a condo, I don't expect ...
Brock Best
Home equity loan for rental property
I have about $26,000 of equity in my current home I’m living in. Can I take out a home equity loan to purchase my first rental property to use to cover the down payment, closing costs, etc. without having to actually...
Tony Gos
Cash Out Refi
I'd like to buy a residence with a margin loan secured by a stock portfolio. However, due to the variable rate, I'd like to be able to refinance it as a conventional mortgage down the road. One of the advantages to ...