I want to use equity to pay cash for a property out of state. I have about $160,000 in equity right now. I'd love to do a HELOC but hear it's only possible on a residence. What's the best way?

I have been trying to use the BiggerPockets rental  property calculator and interpret the graph.  This doesn't look like the best home to buy, but where I'm having a problem is interpretation of the graph.  Green is i...

I'm seeking advice on how to best utilize my equity across multiple properties. Below are the details of each property, including purchase price, current estimate, and equity, along with their respective cash flows:Ho...

I have a 6-unit complex (not in Detroit, MI) I am looking to pull cash out of.  I purchased this property and have completely rehabbed it, and looking to pull out cash.  Would prefer to go the DSCR route, or something...

Hello all, 
This is my first question posed on B.P.! My question is simple. I am set to close on a property this month (a triplex). The purchase price is $48,000 with 25% down ($12,000). So my loan will be $36,000. H...

What is the best option for prepayment penalty you think these days if I want to go with DSCR loans?I assume that there is a big chance that the rate can drop a bit more due to elections at the end of next year so gov...

I will most probably sell in 2 - 5 yrs does Refinancing makes sense now?Thanks

Hi all,Purchased my first duplex just over 10 months ago.  Put some work into it with it rented the whole time and thinking about doing a cash-out refinance for my next investment property.  In contract on a property ...

Hi mortgage pros,

I bought my first fixer-upper with cash, now that the remodel is nearly complete, I'm looking to get a mortgage on the house. I'm wondering if cash reserve requirements apply to me? Once the...

With this hot market it’s tempting to sell. I have a house/duplex in an incredible market that is a great rental that I never thought of selling. But seeing what a house sold for next door is causing me to reconsider....