Taro Wichman
Which type of lender might lend on $100k EMD deposit?
I am wondering what kind of lender might lend on a sizable EMD deposit, $100k. Has anyone on the site performed a transaction that required it?
Parker Bullard
Trying to Break Even by Leveraging Equity
I'm looking to purchase my first investment property and need help figuring out a strategy that will work for me. I have about $300k in equity (based on a BPO performed in July 2023) but no cash. Whatever I do, I woul...
Dan K.
Cash Flow vs. Equity Growth: What's more important?
I've invested in both Cash flow markets and equity returns markets for the last 15 years. The cash flow markets were in Kansas and Texas. The equity markets were in California. While the cash flow markets (Texas and...
David Hollenberger
Mortgage option decision
I am currently doing a seller finance with my parents. I bought their house as my primary residence. In my current market I believe I got 40k in equity off the top. I am looking into doing a HELOC to purchase an incom...
Joe Bostick
HELOC to Get a Conventional Loan
Hello! I'm looking to buy a SFH in NY within the next couple months. I plan to live in the house for 2 years before eventually renting it out. I can easily set aside 10k to use towards a down payment. Houses that I'm ...
Jacqueline McCray
My 1st Rehab Project
Hello all,
I'm new to real estate investing.
Recently, I found this 3br and 2bath home that has fire damage upstairs. The family never repaired the damage. I was able to negotiate to get the house for $10,000. Th...
Brett Hannon
Can someone explain the importance of a homeowners equity when trying to purchase their home.
I have been listening to the podcasts and reviewing the forums and keep hearing the importance of equity when evaluating a deal. I don't understand why this is important to the invester when they are looking to purch...
Sammy Patel
Newbie needing help with Bigger Pockets Rental Calculator
Does the rental calculator on Bigger Pockets take into account the equity in the property when calculating ROI? It seems the ROI on the calculator is based on cash flow and cash put in. But if I wanted a ROI including...
Lami Dantata
First time BRRRR need advice
Hi everyone,
I need advice on purchasing an off market pre foreclosure 4/2 with an efficiency in the back in Miami, Florida, am using a hard money lender. This is my first time doing the brrrr method but i own a trip...
Ashly Frasso
30yr Fixed vs 7yr Arm
Hi BP Team,I have an investor in the middle of his BRRRR and would love your input.He purchased a duplex for $1.1mm. He financed 80% with a 30yr fixed at 3.75% and hard money loan for the balance at 3% for 2years. Aft...