Rhett Miller
Continue to rent out or sell
I have a house that I lived in for 10 years. Over the past year we built a house, moved and started renting out the old house. Currently cash flow is $200/ mo. I’m currently looking into a refinance that would increas...
Stephen Fleming
Newbie Plan. Thoughts?
I currently own a home but I’m looking to move and rent out my current home. My mortgage rate is 2.875% so I don’t plan on refi to get equity out. I have 100k in equity in this house and plan on using a home equity lo...
Carmen Giamartino
New guy needing guidance.
Hello BP community! I have been interested in REI for a long time. But never really financially had the means to take the risk. I work full time making ok money (80k year), which i want to stay employed. Have good cre...
Varinder Kumar
HELOC to purchase second rental?
Now that my first rental is giving me a $500 cash flow I have about 120k in equity as well. I can probably use about 60k of that as a HELOC (home equity line of credit). I would like to purchase more rentals but do ...
Kurt Heise
Financing for an acquisition
I am looking to keep the ball rolling with my real estate investing, and am currently looking for financing to make an acquisition when an opportunity becomes available. I own a rental property with around 100k in equ...
Jennifer McPherson
I'm baaccckk..... Looking for small multi....
2.5 years ago we bought a second house and rented our first house. The first 8 months were a little scary but since then our tenants have been amazing! They are now in the house for 2.5 years. We live in Colorado alo...
Jose L Leos
Raising money for my first property
Looking into house hacking to raise money to fund my first deal. My family of 4 live in a SFR with about 35K in equity. I'm thinking of selling and buying a 2-3 unit or do the necessary repairs to my SFR then rent i...
Alex Ireta
Should I sell my rental property to buy a rehab?
I am new to Bigger Pocket forums however I have listened to their podcasts for months now. Considering selling my SFH. Located in booming San Antonio, TX area near Shopping Malls, Theme Park, Restaurants, Medical Cent...
Bruce Raphael
Cash-out refinance on apartment building tax question
I live in NJ & bought an apartment building 12 years ago for $1M and put down $250K. I now owe $450K on the loan.If I refinance the property now valued at $1.7M and we can pull out $750K in equity with the refi, w...
Richard Xiong
To buy a 3plex or nah?
Hello BP members! I need your advice. I am a home owner and trying to transition into part time investor. I am thinking of purchasing a 3plex for $300k (market value $380k) in the Central Valley in California. 2 units...