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...
Noah Johnson
Aspiring Investor from the Pacific NorthWest
Hi Bigger Pockets Community!My name is Noah Johnson. I'm 41 years old and a General Foreman for a Plumbing and Mechanical company. I've been listening to the Bigger Pockets podcast during my insufferable commute to Se...
Alicia McElroy
PMI or pay down
My husband and I are planning on purchasing a fixer-upper in a good neighborhood. Our accepted offer price is $73,500. The most recent appraisal was $99,500 in 2007, before the housing market crashed. We are plan o...
Steven C. Suarez
The easiest, least stressful ways to set up partnerships?
Hey BPers, me and and a friend (or more) are looking to buy, rehab, and rent out condos and houses in the Arlington, Texas area. One way we've examined doing things is equal partnerships, everyone puts in and gets out...