Don Johnson
Selling Home Equity vs. HELOC
Hi BP community,Has anyone worked with or gotten a quote from Point? They are a company that will give you cash now for a stake in the future equity of your home. Maximum 10-year payback period. Seems like an interest...
Austin V.
Best resources for finding hard money partners
I am an experienced investor who has 75ish transactions going at a time. Up to this point, I have lived on hard money loans from friends and family and my own capital. I average 5M+- borrowed at any one time for these...
Lukas Parsons
Using a HELOC on paid off home vs cash for BRRRR investing.
So I'm in a unique situation where I own a property worth around $213,000 that is paid off. No mortgage.
I also have access to about $30k cash through a bond that I can tap into. I have not yet purchased a rental pro...
Adam Clay
Laid Off - Considering New Career in Real Estate
I was recently laid off from a company I loved. I never thought this would happen, but here I am. I am a new homeowner. I currently rent out a downstairs bedroom to travel nurses for about $1200 per month. I am co...
Luis Marcelino
Current $/sf in Philadelphia
Any thoughts on what you are all seeing right now for triplex new construction in the city? Any thoughts on the average $/sf. Construction includes full underground level. Lot is undeveloped at this time.
Shalaye Camillo
Should I cash out refi or get a HELOC?
Hello my name is Shalaye, this is my first post. Thank you in advance for your replies and advice!Question 1?I own a 2 unit property in Boston. I live in one unit and Airbnb the other. I purchased the home 5 years ago...
William H.
Mobile Homes ON Land questions
So here is what I am looking at: 10 MHs each on their own land, all older models that the owner is currently renting out. 9 are rented out, and 1 is junk and will need to be removed. This is a neighborhood that is mos...
Account Closed
Making a Cash offer (Question about episode 221 with Tim Shiner)
Hey all, Just wanted to ask a quick question that I had while listening to to most recent BP episode!The guest mentioned that when he makes an offer on a property he is much more successful making a cash offer over t...
Evan Ghang
How did multifamily units hold up during the last housing crash?
Did anyone own any fourplexes (or other multifamily) during the last housing crash in Seattle? If so, would you mind sharing your insights on how it performed during the crash? Did the property value dip X%? Were you ...
Kevin Colwell
Simple FHA question
Hello,
I have a questions with regards to a multi-unit property that I am going to be purchasing with an FHA loan. Now it states in the loan that I have the intent on living in one of the units (which I plan to do). M...