John T kemper
a a long term house hack for the heloc???
hey guys i wanted to give you my scenario and get some feed back .... first off our goal is to accumulate cashflowing sfhs and 2 units. we have a good income property now and have been renting a place to live... o...
Steven Segal
San Antonio - Underwriting to $0 on SFH
I was underwriting a couple markets as looking to purchase some additional SFHs. When I underwrite with 10% mgmt, 10% Repairs and Maintenance, and throw $100/month in the bank for reserves, I am seeing cash flow at ri...
Kyle Curtin
Calculating Oil Heat into numbers?
Hi everyone!I have started to run numbers on properties daily, and have seen oil heat instead of gas in a variety of units. Would the best bet be to aquire a past oil bill for a property, or can you estimate a rough n...
Adam Mazzochi
HELOC vs Conventional Mortgage over a 5y term
The title says it all what are you thoughts of taking value out of your house to buy another you will rent out and pay off within 5 years vs purchasing a rental house with the brrrr strategy or just getting a mortgag...
LaRon Phillips
To pay off student loans or not to pay off student loans? That is the question
Hello,I had a discussion a few weeks back with some friends about finances and such. They are both married and are home owners. I on the other hand am single and still renting. We are all physicians in our mid 30s ...
Tyler Morris
Using HELOC to Purchase your First Home
I'm currently looking to purchase a new home and heard about a home equity line of credit. The concept seems really cool and the potential to pay off your home faster while still having access to the funds is very app...
Britt Fuller
First Investment Property - Need some advice
I bought my current house in Tampa almost 2 years ago and have some equity in it (owe $174K and valued at $240K). I have found a 3/2 house near by that I wanted buy, rehab, rent, and refinance. It's ARV would be rough...
James Robert
Heloc, Re-fi or wait
Hey Guys, I am a Realtor in Cincinnati and I want to purchase an Air bnb condo downtown. I paid 183k for my house and put 5% down. The home appraised for 215k without any of the updates I did. I believe appraisal woul...
Joshua Dorkin
Stop Paying the Mortgage and Get Bailed Out Too!
Lets see how much thought is going to go into this housing / bank bailout . . . frankly, I'm starting to think that the move to make is to stop paying the mortgage so I can:
a) Get "bailed out"
b) Renegotiate my loa...
Peter Lampione
Expenses
Hi! This is Dina, Peter's partner (and wife!). We just introduced ourselves on BiggerPockets 2 days ago, and we warned everyone we have a bunch of questions...so, this is the first one that's been plaguing me. I'm a n...