James H.
Re-financing rehab costs
I recently shared about my first deal consisting of a rental unit that I have 13K in cash and about 12K in consumer debt (interest rate 12-14%) invested. The rent is 550/month and it is currently leased. I have had it...
Isaac Isaacson
Possible Refi for a Rental without Employment Verification?
Short: Can I refinance a rental property to cash out on equity without having a "job?"
Longer version: This house is in New Orleans - bought a destroyed property after Katrina and rehabbed. Lived there shortly and...
Justin Campiotti
Should I cash out???
Hello BP,
I have an investing dilemma. I have only one investment property, a rental which I own outright, but I would like to expand my real estate portfolio . Does it make sense to pull money out with a 70%...
Account Closed
COMMERICAL FINANCING QUESTION
I am looking to buy some apt. buildings and I was wondering if there is a way to get into them these days with 100% financing if the price is right and the equity is there.
I don't mind hard money or??
I have been l...
Adam Merrill
Withdraw money from IRA for down payment to start REI?
Hi BP Community,Would you withdraw money from an traditional IRA account to fund a down payment on a multi-family? I recently made a career change and rolled my 401k into an IRA and started a new 401k with my new emp...
Homer Reagan
Experience with Self-Directed IRA...who,what,where,etc.
Armed and dangerous with knowledge from weekend realestate siminar...looking for experience, advice and "costly education" points out there. Is this the only feasible route to utilize retirement savings?
Carlisle Edens
Refinance with no seasoning Columbia, SC
Any folks have insight into a local bank in Columbia SC area that is willing to do cash out refi on a non-seasoned rental property?Thanks
Curtis Bowery
Is this a good investment?
I am new to the business. I have an opportunity to buy two 10 year old rental houses for $110,000 each. They both appraised for $145,000. They were constructed with 30 year roofs and are solid homes. The renters in th...
John Powers
House Hacking Analysis/Plan In Boston: Seeking Feedback
Hi Biggerpockets,I am reaching out here to further validate my house hacking plan in the current Boston market, and seeking feedback/criticism from experienced individuals who have more insight and knowledge than myse...
Hernan Guelman
Taxes out of state, how much?
I have few multi-family in TX and AZ, and thinking about IL and others via syndications but, the fear of doing taxes for each new state I put 10K into is stopping me.anyone can LMK how much:1/ they pay their CPA2/ it ...