Amanda Smith
First time investor needing a gut check
Looking for someone to tell me “yes, that should work” or “no, bad idea and here’s why”:My husband and I have been wanting to get into real estate, and are now ready to start moving forward. We’ve built up some equity...
Maxwell Silva
Best finance option for personal home renovation
Hi. I’ve been wanting to do some renovations since I bought my home 3 years ago, but put it off. Now I’m a little hesitant due to higher interest rates. Would a HELOC be the best best option here or is there some s...
Robert Andrade
Bank recommendations for first loan in SE Massachusetts
My GF and I will begin shopping for our first mortgage ever next week. We are looking for a multifamily in New Bedford. The plan is FHA loan, live in for a year or so, refi and repeat. There seems to be so many variab...
Dexter Harris
Figuring out my annual debt service
Hello I’m new to bigger pockets and Multifamily investing. I’m having trouble on how to figure out my annual debt service or yearly mortgage payments. Ex... $6,000,000 purchase price with a 25% down payment of $1,500...
Michael Pritchett
Primary Residence Mortgage Refinance
Hello,My name is Michael and my wife and I live in a suburb of Nashville, TN. We bought our primary residence in March of 2020 and have a current 30 year fixed mortgage of roughly 386,000 dollars at an interest rate o...
Michael Gelatt
Refinancing my duplex
Hi all. Looking for some advice. I purchased a rental property last year that is titled under my LLC. I purchased the property with cash after I took out a HELOC on my primary residence. I first transferred the mon...
Max T.
What are the pros and cons of a HELOC vs Home Equity Loan?
One of my rentals has considerable equity built up. I've heard of people using their equity to fund rehabs and acquisitions. I only know these basics:The Home Equity line of credit is a revolving account, like a credi...
Kevin Cespedes
Cash out refinance/HELOC
Hello everyone, with the rates higher in this period compared to the last few years, i was wondering what would be the better option between a cash out refi or a heloc i have a property that i owe 314k and the apprais...
King Louis
Foreclosure Auctions (Anne Arundel County)
Has anyone participated in Foreclosure Auctions in Anne Arundel County? If so, is there a risk of the homeowner redeeming the property after an investor purchases it?
Max James
How Much am I Being Taxed on Rental Income in Ohio?
Hi! First off, please forgive me for my level of tax ignorance. My friend asked me this question who is looking to get into REI and I honestly could not answer it. That's what BP is for :-).If I am grossing $2,000 ...