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...
Bart Libsock
Turn subdivision lots into BRRR or multi's
So I had the bright idea of subdividing 20 acres into 4 five acre lots, 4 years ago, thinking that after loans were paid off we would have some capital left to invest in rentals. Have sold one lot, deeply deeply disco...
Andrea Hewitt
Question about cash-out refinance
I have a question about cash-out refinancing that I am hoping someone can answer for me. It takes a bit of explanation so please be patient with me.
When applying for a mortgage to purchase the property, the lenders ...
Jessica Bobo
Thoughts on spending $200k for a 1 bedroom condo in DC
Hi All. This is my first time posting here, but I read often. I live in DC and own 2 properties. One is a SFH that I use as my primary residence (about $200k in equity) and a 2/1 condo that I rent out for about $600/m...
Steve S.
Need a creative way to add funds to a downpayment
I own a couple of rentals and have a > $1M net worth.Probably 60% of that NW is in retirement funds with the other 40% being in cash, brokerage accounts, equity in properties (approximately $100k in equity).I have ...
Brent Carpenter
Need advice. Listing my first rental. :)
Scenario: Want to turn my primary into a rental. Mortgage is $950 (I have about 100k in equity and only 79k to owe). Rent will go for about 1575. House is in great shape with upgrades. Question: If I list home on zill...
Leonid Sapronov
Role of equity when buying investment property
I've been reading this forum continuously for the past two months and am amazed at the amount of information here. Thank you all for contributing and sharing!
One of the things that I'm still trying to wrap my head a...
John Hyatt
10% down commercial loan?
There is a great commercial deal for around $350k that I am trying to purchase. I hate to walk away, but it's a tad out of reach. As a last ditch effort I wanted to reach out to see if anyone has any ideas with 10% do...