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Hi, everyone!I'm looking at financing options for buying my first investment property. In going through the financing options, I started a cash out refi on my primary residence. I can get $45k out of it based on the...
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Going to throw out an example purchase for my questions, bear with me :) Ok, so I want to buy a duplex and rent it out. I'm going to just throw a number out, lets say total price is 180k. So question number one. I wou...
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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...
Hello people I'm. Buying my first rental property with a conventional loan in texas, a triplex I'm planning to live in one of them, I have a four year job history and a 700 credit score and the bank gave me the loan e...
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Hello! Newbie here! I'm a little confused with how HELOC or Refinancing works when it comes to taking Equity out to use as a downpayment for a 2nd or a next property for investment.Can someone please explain to me wit...
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For the education of the BP audience I responded to one of these two good to be true lenders that is trolling BP Facebook and many other sites. here is the reponse I got."Thank you for your interest. I assist real e...
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Hello all!I am a new investor and new to Bigger Pockets. I've been looking through the posts regarding HELOC loans in California and most are dated so looking for recommendation/advice regarding my situation. Here are...
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Hi all,Newbie on the forum here and to investing. I currently have two rental properties, and am looking to acquire funds for my third. I am looking at either a Home Equity Line of Credit on my first SFM rental or a C...
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I purchased a home and have done improvements to it. I need about $30,000 to finish the improvements to sell it. I don't want to refinance as I have a great low interest rate currently and I don't want to pay upward...
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Hello BP I have a Question when it comes to purchasing distressed or properties in need of rehab.We currently own a 5 unit in Schenectady,NY. The property is free and clear. Originally, our first approach was to refin...