Craig Steltz
What is to stop me from......
Paying cash on an initial rental investment. Let's say $125,000 on 3 rental properties.
Can I then turnaround and get a home equity line of credit on those three paid off houses to then purchase new rentals? and then...
Cole Leonida
Primary Home Refinance To Rental
Hey everyone,My wife and I have a primary residence that we are looking to cash out refi. We have been in the home for about 16 months and we are planning for me to take a new job and move to another state. We would l...
John Warren
Low spot in basement
Hi BP community,I was inside a house last night. And ran into something I have never seen. In the basement there is a low spot in the concrete floor that has some water in it. My contractor was not sure what could cau...
Ryan King
Inglenook Neighborhood Question
Hey Everyone. I am looking for more information on the Inglenook neighborhood, located south of Tarrant. I understand that this area is pretty rough (D/F). The number of vacant homes and crime in the area can be con...
Wes Barnes
Using Hard Money to buy & HELOC to Pay Off
Hello All,My question is can you use Hard Money to purchase and rehab a property, then turn around and get a Home Equity line of credit on the property in order to pay off the Hard Money Lender as well invest the rema...
Frandizon John Reyes
Debt to income ratio when you have rental properties
How do you calculate debt to income ratio when you have rental property? Are we using gross rental incomes or net? I own two 3-unit buildings in the Chicago area and live in one of the units. Total gross rental income...
Jeremy Pastor
Property Line Boundary Dispute
Hi everyone,Last summer I purchased a nice single-family home in my town in southern Michigan to rent out. The neighbor is now giving my tenant a hard time by saying that his property actually extends into the drivewa...
Warren Fernandez
HELOC
Is there a bank that will do an equity line on an investment home in Florida? does anyone know?
Ashley Zhang
Sewer scope inspection
Hi all, I just paid a sewer scope inspection. the observation was: " A belly was noted in the line. A belly occurs when settling or compaction of the soil occurs below the pipe and causes the pipe to have a low spotwh...
Jared Chipkin
Closed on my first deal!
After studying real estate investing for many years I finally have a rental property to call my own. I'll start with the failed deal-Put an offer in on half a duplex in Littleton, CO- FSBO. My wife and I were working...