Edward Dandrea
High appraisal looking for advice
I bought a 5 unit for 114,000 3 years ago I did some Reno and the building NOI is near 35k a yearI am applying for a HELOC to buy more and Pat of the process is getting an appraisal.I'm not sure what to expect or how ...
Dan Schnurbusch
Dan, New Investor in St. Louis, MO
Hello BiggerPockets folks,Although I originally created my profile a while back, I never got serious about real estate investing until quite recently. After obtaining my law degree from the University of Missouri, Col...
Rich Weese
I'm concerned about rental market. You??
I started a thread with an article about rent decreases nationwide. The replies seemed to substantiate the concern with properties taking longer to rent, and reductions in rent as well as other bennies needed to rent ...
Susan Tan
What year limit should I get for a mortgage?
I'm under contract for a 3bedroom/2bathroom in Cincinatti, OH that can bring in rent for $1,000/month. Mortgage is about $1,000/month for a 10-year limit. This means that the property may not cash flow immediately in ...
Remi Martin
How to best strategize Equity on 2-4 family property.
I have an investment 3 family, with 400k - 500k in equity.My adj rate is currently 4%. and property needs work and only yielding $80 positive cash mo.. Thinkingof doing a cash out refi ~ 4.8% or HELOC but so far not f...
Urvashi Vasishtha
What are the highlights for September Housing Market in 2022?
Haven't had the time to analyse October's data yet. So here are some helpful highlights from September's report:1) Homes are selling less quickly than in September 2021.2) The national home inventory of active listing...
David Kuo
House Hacking in Los Angeles County
Hi all, Total newbie here looking to get started with investing in real estate and thought one of my first goals should be house hacking in LA. I would like to stay in LA because gf is a nurse and I would like to keep...
Ellis Hammond
Ask these questions before applying for Heloc
First off, what's a Heloc? A Home Equity Line of Credit (HELOC) is a loan on your home and the amount of the loan is determined by the equity available. Its essentially like a credit card using the equity you have in ...
Jordan Holt
Central NY - Syracuse area Property Taxes
Hello Everyone,
My name is Jordan and I had a question about property taxes...first a little background. My wife and I are looking to enter the real estate investment field through an FHA loan. We have ~$6k...
Aaron Rosenberg
Planning my next real estate move...
I own two C-class properties, no mortgage. The repair bills are high and the tenant quirks can be irritating but on average these properties cash flow positively. Many look down on such types of properties but every...