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I looking at buying my first rental property using a HELOC from my primary home and need some advise as to the steps I should take. First a little about the property; Its and a 1100 sq ft 2 bed 1 bath single family ...
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So I own a duplex in SoCal and live in one side , making life really cheap. Make 125k+ a year and only have 23k in the bank (building a race car for years made me not save ) I now save $400 a week. Credit score is o...
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Currently have 2 Toledo homes owned free and clear I'd like to pull equity on. Looking for the best place to do this and any advice anyone has.
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I own a house on a commercial block and I’ve got a license to use it as a boarding house. What that means is I’ve got bunks inside and a property manager onsite who collects weekly rent from people who are in between...
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What’s up BP!?
I recently came across a close family member who is willing to take out a HELOC on their home and allow me to purchase additional properties. A little background on myself: I just purchased my first ho...
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Hello!I am planning on working with a family member to take a HELOC out on their house to fund my next BRRRR deal. I am curious if there are protections or legalities that need to be in place before I can use that mo...
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I hope to acquire 2 properties this year. We are currently working abroad, so we are looking to invest in a turnkey property as our first real estate acquisition. I want to plan for our second property. Can I borrow a...
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Hello,
My wife and I are hoping to start inquiring some buy and hold homes this year. I’m a rookie. Never invested or did a deal but trying to learn as much as I can to make the right moves. We are currently building...
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We have a single family home we rent out and generates $400/month net in profit. I think it's a great investment and always planned to keep this house. Right now we are looking to purchase another rental property an...
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Hi all!
I am new to Bigger Pockets. Love the content. I am bringing this situation to you all because I have exhausted all my known options and think this community can for sure help.To cut to the chase, I have a 2...