Arsalan J Khan
30 vs 40 year
I’m just getting into my real estate journey and am working on understanding all my financing options when it comes to my first purchase. I recently spoke with a lender that is able to offer a 40 year mortgage with 10...
Artem Dmitriev
Refinancing your own house purchased all cash
Hey everyone,I purchased a house for 70k, rehab cost was 40k and now it worth 180k based on nearby sales for past 6 month for similar houses. I'm looking ways to get cash from bank on my property to buy few more house...
Christian M.
Multi family, owner occupied investing
Hey guys, I was curious about an investing strategy I plan to follow and was wondering if anyone on here has attempted this strategy and if you could let me know any flaws you find in my strategy. I am a 23 year old a...
Shangke Zhang
Should I sell or rent it and use HELOC to get my second property
Hi, I am located in Southern Utah. Recently, with some life updates, I have considered upgrading to a bigger place. Right now, I own a 3 bed 2.5 bath townhouse with equity of around 149K. If I rent it out as a whole u...
Mary Baccellieri
HELP - What should I do? Refi now or later?
Hi everyone,I am not sure what I should do here- refinance now or later?The scenario:I bought a 4-unit property in 2019 with an FHA mortgage that I have been house hacking. I did an FHA streamline last year and was ab...
Brennan Hile
Starting with FHA and Refinancing with Conventional
I'm looking to buy a duplex with FHA and then refinance to a conventional loan at some point. I plan to live at the property for at least two years. Could anyone share their experience with starting with FHA and then ...
Brian Salame
Cash out refinance to buy another property
I would like some advice on my current plan. Background info: Credit score is around 740 Job gross income: $45K4plex property infoCurrent gross rental income is $2450Net is about $900Current mortgage is $1163 @4% but ...
Eddie Williams
Approx how much capital is needed to get started in Detroit mkt?
Hello all. I would like to do my first deal this year (well, my first deal in over 20 years anyway). I plan to buy and flip a house in Detroit. Plan to purchase with cash or do 20% down and finance the purchase (my...
Sheldon A Baracho
Self Directed IRA\Solo401 for buying rental property?
Hello, I am new to this forum and also to real estate investing. I have been currently self employed for the last 12 years and have been contributing to a SEP-IRA yearly. I am planning to buy a Beach Condo which will ...
Corey M.
Cash out refi VS new loan for rental property
Hi,I have about $340k of equity in my home that I'd like to put to work. I'm currently paying 3.625% interest on a 30 year fixed, and am considering taking out $250k in equity, which would likely be at a similar inter...