Alexis Jaramillo
Cash out refi good idea or no?
I have a property that I have built a good amount of equity about $150,000 for an estimate. I plan on renting out this property and never selling it. I could take out about $80,000 in a cash out refi and use that mone...
Qui Van
Taking a heloc/ line of credit for second property
Hi all,I spoke with a mortgage broker recently and wanted to take a heloc or line of credit on my current home. She said I couldn't because my income is not high enough. How can I go about this other than make more ...
Josh Tonecha
Credit Repair
I know this dead horse has been beaten plenty of times, but as stated in my only prior post I am just beginning my investor career. I am finally in a place where Ive been paying all bills on time for 4+ years, my wife...
Porsche Thompson
1st Deal Down, Now What?
Hello BP Family!So I recently purchased my first multifamily property. Its a triplex that I'm currently house hacking. Me and my husband were able to get in with no money down thru our VA loan and we already got the o...
Kest Cousins
Non-recourse loan question
My question is if you are trying to assume a non-recourse loan would you need a sponsor for the net worth or is that up to the bank?
From my understanding a non-recourse loan they (the bank) cannot come back to you p...
Jake Andronico
Is 4 homes enough??
I currently have two house-hacks that I've moved out of and are now full time rentals that cash flow roughly $800-1K per month each. When I started straight out of college, I used to think that I NEEDED 10 houses in 1...
Noah McPherson
What's a safe amount of leverage and reserves?
Hey BP,
I have two questions I think would be important for me, as a real estate newb, to have a better understanding of. First, at what point would you consider a person Overleveraged? would you judge if a person i...
Matthew Heimann
Tips on Structuring Partnership/Financing on NEW Build 8 plex??
Hey Bigger Pockets, my partners and I work for a Design Build firm building 40MM Apartment complexes for other big developers and its time that we start developing for ourselves. Currently we have our eye on a lot tha...
Jerry Charlton
Posted Mortgage Rate Rip Off (Canada)
The most recent mortgage rule change that has yanked the welcome mat from underneath first time home buyers has put the spotlight on Posted Mortgage Interest Rates.The Posted Mortgage Interest Rates used to serve just...
Shaun Dillon
To start buying real estate investments or pay down my own house?
I live in columbus Ohio. I was saving and studying to invest in real estate to become financially free in 2015-2016. I was living way below my means to save for my first rental... then my girlfriend found out she was...