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We have 2 rentals HM#1- $280k financed its worth $500k. HM#2- is worth $420k & We owe $283k. Im feeling stuck. Which cash access option is the best or would you recommend? Which is the fastest? Downstream.
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I got bored at work today and started taking a look at my options on my FHA loan.
Short background
I have an FHA loan on a duplex that I own. I paid $165k for it in 2011. My FHA MIP is just a hair unde...
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My wife and I are reading books and thinking about different strategies for buying our first rental property. One of our strategies is to take out a home equity loan on our current house, that is paid off and use that...
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Hey folks, I have a five-unit rental in Riverside, CA. Getting a HELOC on that rental has proven very difficult. I'm not familiar with All-In-One loans, but they could be the ticket for borrowing against rental units....
A few weeks ago I received a flyer in the mail from a company that offered a new type of equity loan. The loans are for up to $50-100k I believe. They collect 0 interest and require 0 monthly payments from the borrowe...
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I am a Landlord who is looking to dabble into the world of flipping. I have a property in mind that I have enough cash to buy. However my funds would be tapped to the fixing part. Could I take out a Home Equity line o...
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Hello BP family,Being new, I'm still in the process of getting everything to sink in and digest with all these methods of financing options and need some guidance. My mom has a home (in her name only) and now she woul...
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Hello Everyone,I wanted to get varying opinions on utilizing a home equity loan to help cover the 25% down on a multi family home. I understand that it comes down to if you will be making money and ensuring you can cr...
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Hi fellow BP investors! Well, I'm officially stuck and hoping someone can help point me in the right direction...I recently purchased a primary residence and have spent the last 6 weeks remodeling and rehabbing. Amo...
Hey guys,
First time poster here! I'm in a state of confusion about what the best path for me is in regards to a new rental property I'm looking to purchase.I think it'd be good to start off by stating my Macro Goal-...