Erica Gregory
Creative solutions for financing
Hello!My father has a rental property that he wants to sell but he has an outstanding $50k HELOC on it. He wants to sell for $75k but after a market analysis is looks like he should sell for $50k-$70k (Max). The appra...
Chris Marshall
My first flip, Farmington Missouri
Investment Info:
Single-family residence fix & flip investment in Farmington.
Purchase price: $35,000
Cash invested: $120,000
Full remodel on a old Victorian style home. took months longer than e...
Account Closed
Attempting to borrow money out of investment property
I am attempting to borrow money against my investment property that I’ve owned approximately 6 years. I plan to use the money for rehab on my next property purchase. I was recently told by the bank that holds the lo...
Christina Edmunds
How did you finance your first deal?
As a rookie investor who currently doesn't have enough money to even afford a down payment on a cheap house (my boyfriend and I just moved into a cheaper rental, though, so hopefully that will help), I'm curious what ...
Alan Ford
Please help me Evaluate this Refi Offer
Hi All - I will keep this facts only with bullet points:
Currently on a 30 year fixed at 3.5% that began June 2016 - I owe 546K and change. New Loan is at 510,400 (Confirming limit for county) - 30 year fixed rate o...
Paul Scammacca
Need advice from more seasoned investors rentals
Hello all from Florida!!
I am asking for direction from more seasoned folks than myself. I would like to give a snapshot of my holdings so folks can give advice/thoughts:
Home 1: Rental MOBILE HOME Paid 60k older on...
Alfonso Montejano
How to Calculate the OPTIMUM amount to pull in a refinance?
I own a couple properties that have appreciated well as well as my own personal residence, Im ready to step up my Investment game, how do I determine Optimum amount of Equity to "Leave-in" if im ready to Refinance fo...
Tanner Vandevere
Refinance Interest Rates
New to bigger pockets. I am 27 and until now was extremely focused on paying off my home. (Following Dave Ramsey’s advice). I now have about $100k in equity. Owe $120k was appraised at $235k. I am in the middle of ref...
Gabrielle Plaia
If you had a paid off million+ dollar building in NYC?
Hello! I am new to the forums after lurking for quite some time. My dad owns a building in NYC that was once his fathers when he came to America in the 1960s. It is in South Queens and is completely paid off, storefro...
Kavin Kuykendall
College Place Tri-Plex
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $250,000
This triplex is my first deal. I was able to partner with my parents to secure funding for the down pay...