Renee McGrady
Short-term rentals in Ontario cottage country
Hi everyone,
I’m exploring short term rentals in Ontario cottage country, within about 2-3 hours from the GTA for my first rental property. There seem to be some deals in 4 season cottages that would be cash positive...
James Dillard
Loan source for 2nd investment property
I'm looking into buying a 2nd rental property. I have enough equity in my first rental to cash-out refinance a down payment for the second. After speaking with a lender I found that the interest rate would be quite a ...
Jiminia Rhymes
Beginner Investor Questions new to real estate Investment answers
Hope this is not a silly question, but can you pull equity out of a home that has a mortgage? I was told by a real estate agent that you cannot. If I purchase a property with a loan but I'm paying a mortgage, can I pu...
Timothy B Hall
Funding the down payment
Good evening investors and real estate gurus,Here's the situation: I have 2 tri-plex's in the Tampa Bay area. VA Loan/Conventional loans were used for the acquisitions. I no longer live in any of the units (it's be...
Steven Correale
Cash out refi or switch to 20-year mortgage?
Looking for some advice. I am currently on a 30 year fixed at 3.625% for a multi-family that is also my primary residence. It was being used as an extended family for the last 4 years, one unit will start renting out ...
Dalton O'Rourke
Help with understanding refinancing and going forward.
Hello!I am new to the real estate game and got my foot in the door by purchasing my first property as a live in renovation. It has been a very exciting and humbling experience. Im towards the end of my renovation and ...
Benjamin Johnston
What would you do?
My primary residence is free and clear and with an appraised value of 290k.
Rental property A has an appraised value of 150k and has two liens.
1. 33k balance on first mortgage at 5% fixed with 6 years remaining ($4...
Varun M.
Pulling out equity from primary residence
Hi BP friends,
Following some great advice on this thread: https://www.biggerpockets.com/... we are looking into refinancing options to pull equity out of our primary home in SF, and use it to build our investment po...
Hashmat Bahaduri
Best HELOC rates in California
Hello all,
I currently have a checking and savings account with Citibank. I want to obtain a Heloc loan to have more cash to BRRRR. I have 50k in savings and would like to obtain a line of credit for 100k giving me t...
Hersh M.
Mortgage rates back to all time lows, ARM, refinancing
So looks like with bond yields making all time lows, mortgage rates also continue to decline to record lows or very close to those levels. Not sure if its a good sign or bad. But my question is what are the pros and ...