Cayton Green
Cash out refi or HELOC on primary residence
Hello,I'm trying to purchase my first rental buy and hold property and need a little bit of advice. I'm debating if I should take out a HELOC or do a cash out refinance on my primary residence to use for a down paymen...
Curtis Brown
Financing my first deal - HELOC & Cash
I'm just starting out in my real estate investor journey and have been learning all I can from various books, podcasts, and people. My wife and I have a 30-year fixed-rate (2.87%) VA mortgage with about $80k in equity...
Sandy Uhlmann
Need Advide on Giving the Seller Multiple Offers to Choose From
I am planning on making an offer(s) on a SFH that has great curb appeal, in a great area. The owner had a recent appraisal of $115,000. (seemed high to me based on the asking price of nearby homes) ARV 130's. Ask...
Bertha T.
Inherited tenants, no proof of security deposit
So my husband inherited a multifamily home in illinois when his dad died. We moved in to the first floor. And now have also inherited tenants in the upstairs apartment. These tenants didn't have a signed lease. They a...
Daniel E.
Got my real estate license, what would you do all over again?
Hello all,I recently passed my real estate exam last month. Very happy to finally get into the world of real estate. I signed with a small company and will be going through training until the end of February. Aside fr...
David Roberts
what is more profitable, all cash or cash out refi?
the math suggests to me that leverage makes you more profitable using cash out refi method where you buy all in at 75% arv then cash out in 6 mo. That versus buying all cash. Myself and a friend have been debating it...
Timothy Cervantes
Getting your education where and how?
Hi everyone! I was looking for opinions and input from the entire spectrum of BP on the education piece of getting started. Obvisouly for someone like myself (new to REI) getting educated on the process and nuances ...
Todd Ashley
How do I buy this house while helping the owner?
It's been a while BP and I could use your guidance! Here is the situation:I know an older women who had a stroke and is currently living in her daughters 5th wheel so that she has assistance. The women desperately wan...
Ricky Vasquez
little sister has no idea about money, book suggestion?
the other day i was talking with my 17 year old little sister and she told me the first thing she is going to do is buy a new car when she gets out of high school and it occured to me that she has no idea how to manag...
Keeya Malo
Long term strategy: primary home & investment properties purchase
Hi BP members,I am in a dilemma over our primary home purchase & a long term investment strategy.My husband and I are in our early 30s, no kids (planning to have one soon), work in tech jobs. We need a house with ...