Camronn W.
Pulling equity out of investment property!!?
I found a bank that will do 75% LTV on my property . The problem I am facing now is that the bank says they cant do it, because the property is held in an LLC. Any suggestions or advice would be greatly appreciated...
Shannon M.
If you had the chance to start over...
If you had the chance to start over
Background: I was a broker owner of a small real estate brokerage for 6 years. The last 3 years I have been GM of a company in another industry. In the last year my partner and I ...
Ben Stout
Should I do *this* HARP Refinance?
Hello all,
I still have a mortgage I got in 2007 at 5.75%. For various reasons, it hasn't been a good idea in the past for me to refinance this property that I still owe $80,000 on.
Recently, I got some...
Rob Cassam
New From Charlotte NC
For the past year, I have been reading excellent real estate related posts (some of the best I have seen) aggregated to my Zite account. Until today, I did not realize this was a member forum.
I am a broker ...
Joshua D.
FRIDIE MAC Madness
So my wife and I have had our eye on a forclosure up the street, two weeks ago they reduced the price to 59,000 from 69,000. We though hmmmm... We better go look again. We did and decided to put in an offer on Monday ...
Joshua Dorkin
The BiggerPockets Blog is 7 Years Old Today!
I wanted everyone to know that today marks the 7th Birthday for the BiggerPockets Blog!
If you're one of the millions of people who have stopped by the blog, thank you! I'm very proud of what it has become, and look...
Anthony Marin
Subdivide and build a 3 family on new lot
Investment Info:
Large multi-family (5+ units) buy & hold investment in Newark.
Purchase price: $186,000
Cash invested: $110,000
We bought at the county auction. We renovated the entire building...
Ashley Powell
first time home buyer
Investment Info:
Single-family residence private money loan investment.
Purchase price: $128,000
This is a 3/2 completely remodeled home with a large fenced in backyard. Custom granite countertops with s...
Joe Capobianco
sacrifice cashflow for another rental property?
Since the interest rates dropped I decided to refinance my rental property into a 15 year mortgage which raised my mortgage $200. The mortgage now is $1200 and im receiving $1750 per month in rent. I just received the...
Adi P.
Realistic cash flow numbers
I have 7 rental properties. I have been calculating my expected cash flow the way most of you probably do. rents less all expenses, including a certain % for possible vacancies and maintenance. My maintenance has ten...