Sarah Jukes
Extra $3000/mth, pay down mortgage v SEP IRA v 457 def comp retirement
Hi! Just purchased our 2nd investment rental property. Loan amount $304,000 7.3% interest (house value $600,000). Other rental loan is 3.5% $553,000 (house value $770,000). We can pay an extra $3000/mth. Could pay off...
Ryan Monty
How to factor in existing tenants when analyzing BRRRR candidates
Hi all - I'm trying to get started with my first BRRRR project and I'm running into the issue of existing tenants. When I hear most people talk about BRRRR, it seems like they're maybe talking about vacant properties...
Josh Smalley
Garnering Offers From Multiple Lenders With One Appraisal
Quick question as I've never done this before. I'm starting the process of applying with a few lenders for various products (HELOC, 2nd mortgage, refinance, etc.) that can help me take equity out of a rental property ...
Anastasiia Greca
Closing costs
Hello everyone!I started looking up what are the estimate closing costs in my areaand I found a calculator from one of the banks. The result was - estimate closing costs, including prepaid items and escrow account fun...
Niraj S.
Need help analyzing a seller financing deal
I have a 3 bed/2 bath home offered at 290K purchase price. Estimated rehabs will be around 20K. ARV is 320K. Seller is willing to finance the deal for 0% interest for the first 5 years and then market interest rate on...
Account Closed
How to save for investment property with debt & tips for buying?
I recently read Rich Dad Poor Dad and decided I wanted to pursue financial freedom via REI. I am a 24 year old who graduated college with about $30,000 in student loan and pay-day loan debt and will be acquiring abou...
Robyn J.
Newbie Investor Needs Help
Hello All. I literally just stumbled upon this forum while attempting to research real estate investing. I've put work on hold to dig into these forums and you guys are such a wealth of knowledge and experience, I'm h...
Tyson Boeckman
What should we do regarding financing.
Bigger Pocket friends I have a question for you! We have purchased a property via online auction and should be closing in the coming weeks. We are purchasing the house with cash. Now I am a real estate appraiser and I...
Kevin L.
Should I buy in Los Angeles before it is too late?
I qualify for up to 850k at the absolute MAX and I am able to pick up a 4 bed 2 bath in the San Gabriel Valley. All my friends and family are here and I lived here my whole life. It has always been a dream for me to o...
Mike Terry
Did I hear David Greene correctly this morning? Cash out 1.5MM retirement fund?
I love Bigger Pockets. The site and the podcasts have been responsible for my success, be it limited, in my real estate endeavors. The recent podcast advice stopped me in my tracks as I have started to really questio...