Hello! Would you use equity in one of your homes as a cash out refi to obtain cash to purchase another investment? I am hesitant but I have $300k in equity and I would like to put it to use to work for me. Thoughts?
The Basics:*Already have enough saved aside (Very, very, lucky financially, but somehow unlucky about everything else in my life) for 4yrs of college, with a year & a half under my belt already.*(No College Expens...
Historically, housing has been a crucial driver of the business cycle, with low-interest rates boosting demand for homes and supporting construction jobs and consumer spending.Conversely, rising rates tend to dampen t...
Just stumbled upon this article that I think others in this thread would appreciate. It makes some interesting points about the common opinions on "disruption", how people use Airbnb, and really the good/bad of the ap...
My husband and I just purchased an owner-occupied duplex, and it’s completely vacant. We purchased in a desirable part of Los Angeles and got it for 200k under asking, so we already have some equity. Both units need a...
I'm just posting this as a warning for newbies. Obviously, no one can predict the future and no one knows what's going to happen next year, the year after, etc. But most apartment markets are at or near the peak in ...
Hi everyone,My name is Ryan and I am new (1 month) to Bigger Pockets. I would first like to thank everyone for this amazing website and all the information that has been gathered. A true community of likeminded people...
Hello Everyone! My name is Grant Smith and I am looking for my first deal in real estate. All of you have been in my spot at one point in time, and I am eager to get my feet wet. Do you believe that now is a good time...
We are under contract for a 630K Single Family Home in Port St. Joe, FL and are looking at insurance options. Property is not directly on the beach, it is about 5 houses back from the beach. So about a 300-400 ft wa...
What is going on in Southern Maine? Over the last 12-18 months, feel like valuations have gone hyperbolic. Looking at cap rates on some 2-4 units and there is actually stuff with a 3-handle on it! Most seem to be ~4.0...