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I purchased a duplex to house hack and I've listed my current house FSBO at $219,000 with 3% commission for buyer agents. I've received a full asking offer from a represented buyer however the buyer is not able to pro...
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Hi BP! Considering making use of current low interest rates to refi our primary residence, lower our interest rate (currently 3.75%) and set aside cash for a future investment opportunity (airbnb) that we are looking ...
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I have a question. My grandmother bought our home about 15 years ago and due to financing and poor rehabbing work still owes quite a lot on the home and wants to sell the home and use the proceeds for me to buy a new ...
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Interested in gathering opinions on taking out a line of credit vs refinancing and pulling the cash out of my personal property to fund my next deal. I've saved $30,000 and I currently have about $100,000 equity in my...
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I'd like to hear from buy and hold investors as to whether or not you've sold property to move your portfolio forward and looking back was it the right decision? I posted some details of where I am at with REI. My goa...
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For those of you using the BRRR strategy (Buy, rehab, rent, refinance, repeat). My questions is when you refinance, are most of you doing cash outs or HELOC and why?My thoughts are:- If you use a HELOC (home equity li...
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I'm looking for some general advice. I own two properties. One in Texas and one in Oklahoma. Both are 3 bedroom 2 bath homes and are fairly basic. My goal is to have two rental properties to generate income and on...
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Hi guys,Could you please help me out?Ive had this rental for 10 years, its a single family, 1b/1b, built in 1920Its almost paid off (I owe 2K on mortgage)Bought in 2019 for 25K, now its worth probably anywhere from 40...
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Hello, New to BP and have a question regarding acquiring financing for an upcoming investment property purchase. Property is a duplex, currently fully occupied, and will have a sticker price of $100,000, (thanks dad...
I'm debating selling or renting out the townhouse I bought 11 years ago. I'm bay area northern california. Very hot real estate market. House is worth at least $790k in todays market. I owe $288,000 and refinancing to...