David Kimball
Cash out refi current home and rent it out
Hey guys, What are your thoughts on doing a cash out refinance on our current home to rent it out, and use the money for a downpayment on another home we would move into.The current house has a principal balance of 14...
Dharmesh R.
Alternative to 401k for down payment
I am looking to buy a primary residence in near future. My current plan is to extract down payment money from my 401k. I know it is frowned upon but I do not have many choices. I was wondering if there is a viable alt...
Christopher Janney
our first flip in Los Feliz area of Los Angeles, CA
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $650,000
Cash invested: $130,000
Sale price: $960,000
First project, we spent way more than we would now, espec...
Trevon Peracca
New mailing list criteria
Hey BP, I am buying a new mailing list and have a few questions regarding the criteria.I am on a tight budget ($500/ month roughly)I am looking to send out about 1000 per month/250 per week (Which is better???)Here is...
Phillip Troutman
BRRRR advice for a new investor
Hey everyone, So I'm in the research process right now what niche I want to experiment with first in my real estate investing career. I am in the process of doing a cash out refi on my primary residence so that I can ...
Dustin S.
Selling a rental & depreceation recapture?
Does anyone know how depreceation recapture works?
I am selling a home for the first time and have no idea how this works. I purchased this property in 2008 as a primary residence and turned it into a rental a year l...
Zak Dietzen
Setting up MLS Search Filters for investments
Hello,
I'm new to the forum and also a newbie in the game of Real Estate investing. I have 4 deals currently under contract and searching for more. I am a licensed Florida real estate agent with virtually no ...
Ayen Lee
Heloc for Investment property in Las Vegas ,NV
HI BP community, I have called several banks and credit unions to get a HELOC for my investment property in Las Vegas , NV but until this day I have not found a lending company/ institution to help me with this ord...
Account Closed
Adapting to new short-term rental rules in Toronto
Today, Toronto city council introduced new rules for short term rentals, including:- The short-term rental must be your principal residence - Homeowners won’t be allowed to list secondary suites, such as a basement ap...
Tyler Roberts
Refinance, sell, stay the course?
Hello, I’m seeking advice, methods, reality check, whatever it may be.
We currently own two rental properties (details below) and are ourselves renting a place to live in ($2350/month). We have $100k cash right now ...