Davin S.
Cash-Out Refinance or No?
Background: My wife and I own a 4 unit property. We live in one of the units and rent out the other 3. We purchased the property just a little over 8 years ago at $189k with 25% down at a 3.75% mortgage rate for 30 ye...
Katie Hollway
How to buy BRRRR property in Sacramento and Surrounding Areas
Hi All,
I quietly joined BiggerPockets 3 years ago, did nothing until a few months ago. I read lots of articles/posts, listened to Podcasts, joined Webinars, watched YouTube, practiced deal analysis, connected with a...
Myron Reynolds
Sell or rent current primary residence ?
I am having a house built for my primary residence. I have about $175,000 equity in my current home valued at $260,000. Not using any of the equity for the new home. New to real estate investing. Should I keep my curr...
Account Closed
Taking out equity in this market, how much for 1st time investing
Just before this pandemic I made my mind become a professional investor. Question is we are about to approve for disclosures cash out refinancing. Now I am a little worry take out about 140,000 cash without knowing wh...
Whitney Hutten
Getting started with low money down vs heloc
HI! I've just recently joined and am blessed to find such a knowledgeable group or people. I'm hoping you guys can throw out a point of view. We picked up our primary home purposefully in a college neighborhood wit...
Lara Taylor
Private money lenders
Hello fellow BP members, I have been on a search for a private money for my first deal. When yall where starting out what are your tips on finding one. I have thought about contacting some realtors that I know and als...
Chris T.
What would you do with 2 single family rentals?
I am thinking of cashing out 2 SFH, in class A/B areas. Gross rent for both is $3700 per month. If I cash them out to a 30 year FIXED mortgages, I would probably get $320K to $340K. My monthly PITI payments would be a...
Michael Boron
cash out commercial property or line of credit??
Hi there guys. New to the forum and was looking for some advice. Just picked up a prime location office building in high traffic area. Paid cash to get deal and was wondering if I should take out mortgage on it or jus...
Cathy Brittain
Should I buy first property in personal name or LLC name?
I (We) am/are closing on our first property within the week, and someone in my realtor's office suggested we buy the property in our personal names, then transfer to our LLC (LLC is a partnership my father - we each h...
Janelle Shaw
Is it possible to re-mortgage a vacation house on conventional
Hello! I'm not sure if I'm using the right term, but is it possible to "re-mortgage" a vacation house on conventional terms. Scenario: I purchase a vacation house and close paying cash in full. Turn around and mor...