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For the purpose of buying properties, is it pretty common to take out a HELOC for 100K or so, and pay it back within 10 years, without a cash out refi? I mean, if the most common path towards HELOC repayment is refina...
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My fiancé has over 200k in equity in her home. Her DTI is way to high to pull any of it out. We are trying to buy more properties so we’ve decided to sell & start over. The property we live in now is a 4 bed 1.5 b...
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Greetings BP Family My wife and I are investors in the Maryland area and our overall strategy is buy-and-hold while using the BRR strategy. We know that we will find better deals if we have cash, and although we are c...
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Intro- Hello all, looking to connect, ask and share info with other investors around my experience level. Please critique my numbers against yours and please advise me if you see better directions than my local marke...
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At what point do I need to get qualified for PM or HM loans. I plan to flip but what happens if that doesn't work out for some reason and I need to go with a conventional loan. Does qualifying for PM or HM usually a...
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I completed a successful BRRRR a little over a year ago. I have some cash and I'm trying to decide if I should pay off the mortgage and enjoy the extra cashflow or if I should keep the cash I have in bonds. Obviously,...
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Hello everyone I am 24 years old from Staten Island, NY and I am looking to purchase a house for me and my fiancé. We have been together for quite sometime and just recently we bought got better jobs that we are able ...
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Hello All...I am new to this community and also fairly new to multifamily investing. I have a full time job, so I am dabbling into the multifamily real estate syndication market here in LA, SF and NYC. I have only in...
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Looking at finance options on a MF home and struggling with either getting it paid off in 10 years at 3.375% or stretching the loan for 30 at a rate of 4.125%. The difference in the monthly payment is $347 dollars. In...
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We own the 50 acre farm I grew up on and the useful life of the buildings/systems on it has been passed at this point. We have been planning to build a house on it next year but there is also demand and success in th...