Lara Gonzalez
Buying out a partner
Hello everyone!I found an off market property that I would like to use the BRRR method on. Due to lack of funds, I will be bringing a partner on to help me. Here is a breakdown of the property:Duplex - 2BD/1BA each un...
Alex Loera
Pay down mortgage for a HELOC or just save the money?
Save? Or Pay down mortgage aggressively to later use a heloc for investing? I own my house with about 30% equity. And currently 5k in savings. My goal is to get my first rental property this year. My thought is if I p...
Teawanda Wells
Figuring out my next move?
This is the situation. I have a SFH rental that is tenant occupied and completely paid off. I currently live in a townhouse with about 50% equity and a small mortgage payment. I am currently in the market to buy a SFH...
Grace Donahue
Leveraging Houses in Ohio
Hey Everyone, Dad and I are wondering how to leverage our equity in the 3 houses he has in Avon Lake. How do we use it to buy more properties? All 3 houses equities are $250K.
Jeff Laniado
Is my money locked up in my co-op?
Hey BP'ers,7 years ago I bought a co-op apartment in NJ and it was my primary residence for several years before I moved out. I've been renting it out for the last 4 years and it's been a great investment for cash flo...
Elsie Winheim
Is using HELOC still a good idea with rates being so low?
Hello! I'm completely brand new to REI. I currently own 2 homes. I am recently divorced and refinanced both properties in my name. I pulled out cash in one house to pay my husband his share of the equity for the homes...
Charles Preuss
Hard Money Lending in New York
Hello Everyone!I just put up my first townhouse in the suburbs of Syracuse NY for rent and am moving my family to our new home. I have been running numbers on hundreds of properties and think I have a clear grasp on m...
Geoffrey Pierce
Out of state partner question.
I have a time-sensitive out of state lead where an investor son wants to buy the owner mom's house in arrears. She'll hold a silent second for me bringing the loan current and I'll be a 50/50 equity partner. What are ...
Cal Rohrman
Help with raising rents
Hi guys,I am closing on a duplex tomorrow that rents our for $1850 a month. It is currently occupied by section 8 tenents whom have lived there for 5+ years. The home appraisal came in 30,000 more than what I am buyin...
Jason Coleman
Single Family Home w/ Free Equity
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $82,000
Cash invested: $22,000
Purchased this 2/1 direct from client. Typically I don't like 2 bedrooms homes but t...