Tyler Maten
Cash Out Refi vs. HELOC Pros and Cons
*Disclaimer* I know things may depend on a variety of different factors, just looking for people's thoughts / experiences.
- Hello BiggerPockets crew!! I have kind of hypothetical question, possibly a couple questi...
Terrence Evans
Exit strategy after acquiring a property with built-in equity
Let's say I come across a deal where the owner had to move quickly and they sell their house at a discount. It is worth 600k but they sell it to me for 520k. I use a private money or hard money loan to buy it. Btw the...
Tyler Jenkins
What would you do?
So, I've sound a duplex for $41,900 and I think it needs 5-8k worth of work before renting out but, my problem is I don't have the cash to do it. I'm pretty sure it would rent at least $500 per unit. Seem like a gr...
Sarah Jones
Capital Gain
Im trying to do a subject to deal in california. The owner has a rental property. He is 2 months behind on his payment, he has been renting it out for more than 4 years. He owes $300k on it and the area comps for $300...
Max Reznik
40 units in 6-8 years using conventional loans, possible or not?
I have very simple but extremely "it all depends" kind of questions, but if I provide these following details perhaps the answers can be black and white and not so grey.Ok so I'm a starting investor and my essential g...
Samuel W.
Refurb Duplex, STR, cash out refi; advice on refi strategy?
Hi All!
I'm about to close on my first deal on 5/30 in San Diego, CA!!!!
It's a currently occupied duplex, that is rented waaay below market: $1,700/mo, $2000/mo respectively. Other units in the same neighborhood, s...
Lynzie Mackey
Should I sell my STR?
We purchased a home on an island in September 2020, put about 30k down and about $60k to furnish and do the backyard, new flooring and paint. A year later, we purchased another home on the island, moved into it, and ...
CJ Moulton
How do investors prepare themselves for when the market goes down?
Hello All,For the last year or year and a half I have been hearing people (in person or online) saying that the housing market is bound to crash, with the inflated prices of most homes going down significantly. But th...
Corinne Alconera
Would you accept this seller financing offer?
Would you accept this seller financing offer?
Buy and hold 2-units
20% down payment
30 year amortized note w/5 year balloon payment
Cash flow is $100 per unit
Most 2 units in this area...
Felicia West
Downpayment amounts - 20, 25 or 30%?
Hello,
As a beginning investor, what down payment amount would you suggest if doing a traditional mortgage? Of course, putting more down like 30 % would make it look like the property cash flows well, but is it wort...