Rob Shipley
HELP!! With seller financing on a 9 unit!!
Need help with seller financing!! I'm looking to BUY a small 9 unit complex. The seller is older and would like this to basically help with retirement. He's even willing to go 2% interest!! But he wants around $2...
Jeffrey Allen
House Hack Financing strategy for multi-family in Boston
I am in the process of creating my financing plan. I look to house hack in the Cambridge, Somerville, Newton area as it fits best with my family's working and schooling needs. Anything multi-family in this area imme...
Chris Kennedy
We love our home too much....
After countless hours/days/weeks......I've struggled with finding the approach that will best suit our situation/lifestyle. We have lived in our current home for the last 3 years (25 year ammor.) and we are nearly deb...
Noah Bacon
Should I House Hack again?
I think that the obvious answer here is to House Hack, but hear me out and please tell me what you would recommend!I have house hacked 2 single family homes in Colorado Springs, moved out with both rentals cash-flowin...
Antony Charlier
Main things to avoid or look out for when investing
Im a newbie investor no deals under my belt still just learning. I want to start off my journey in investing rentals .What are some major DO-NOTS when it comes to real estate in detail and examples would be great as w...
Sanedria Potter
Cash vs Lines of Credit
Good morning BP,I have a question. When potential lenders are looking at your assets and your reserves, are lines of credit considered? Do they only count liquid cash or will they also count lines of credit. This pe...
Vaishal Patel
How does positive cash flow theory works?
so i have read this on many websites that your property should be cash flow positive..now lets say i buy a house for 250k,i put 20% down and take mortgage loan on the other 80%.My monthly rent would be about 1800$ but...
Chris Hill
Cash out refi on 10 properties?
I have 10 doors. I have lots of equity in all 10. I’m in the process of doing a cash out refi on 5 of them, to pay off the other 5. My goal is to free up 5 more mortgages in my name. This will increase my payments ...
Josh Arnold
Finance or Line of Credit??? How to be ready to scale.
I purchased a house in Feb 21' for 110K. I put 35K into it and just got it appraised at 215 and I owe 90. I can refinance it to 180K and pull out 90K or only get a $50K Line of Credit. 2nd property I own easily has 10...
Kevin DeMaio
Cash Out Refi vs. Home Equity Line of Credit
What would my fellow BPers use to get started off on their first BRRRR. Using a primary residence, would you cash out refi or use a home equity line of credit and why? What would the personal pros and cons be for both...