Tristan Romero
What would be ideal Cash on Cash Return when housing Hacking
My girlfriend and I are going to purchase a Duplex in the general Sacramento Area of CA. Being that I am in California and its not the easiest to cash flow what would be an ideal target for my Cash on Cash return to b...
Dustan Marshall
heloc vs HEL
I am attempting to refinance my investment property. I am looking to pull some equity out at closing to help pay off the rehab work I did on the property that I put on a credit card.
The bank as offered me a...
David Almendarez
How do I use investment property equity to buy another
I own a single family home and its an investment property, how do i use that equity to get another rental if i have bad credit? whats the best kind of equity loan for this HELOC? Cash out refinance ?
Laine Furukawa
Strategy or advice for inherited property
Hi BP!
I'm asking more for a friend who will be "inheriting" his grandparents property (or in this case more debt). I say this because he cannot sell the property which also is in need of repair and he has to pay ou...
Michael A.
Is it a good time to look into HELOCs?
Hello,
Here is a bit about my situation:
In Los Angeles, California, here. Family owns 3 income properties in LA, all free of debt:
19-unit Multifamily ~ 3.8MSingle family Home ~ $1.6MSingle Tenant Commercial ~ $1...
Jack Chase
HELOC vs Cash-out Refi for Rental Property?
Hello all, I'm looking to pick up a rental property and am weighing the options between using a HELOC or a cash-out refinance of my primary residence and looking for experienced opinions.I just did a cash-out refi in...
Mike Rubin
Costs associated with buying a property
Can someone help me out by listing/summarizing all the costs associated to buying a piece of property? This question is more around the legal framework and paperwork needed to acquire a property.
For example, someone...
Aubrey Buchmann
Cash out refinance and 2nd mortgage
Hi everyone, New to this site and REI, really excited to have found this resource. I’ve got a property that I rent out for $1600 a month. I’ve got 65k left on the mortgage and it’s currently appraised by Zillow for ab...
Tyler Warne
Is a recession coming? Can you afford it?
As interest rates rise there will be decreased purchasing power. This automatically decreases the amount of house, duplex or whatever we can by (if a loan is required) based on the debt to income ratios that a bank of...
Bryan Mitchell
What’s a good local bank in Atlanta for HELOC?
Can anyone recommend a local Atlanta bank preferably in South Atlanta offering competitive HELOC rates?