Zak Parks
Cash Out Refi -BRRR
Hey BP. I currently have a triplex under contract in upstate South Carolina for about 75% of what I think it's worth. My plan is to pay cash for this property and then do a cash out refinance on it because I think it ...
Shawn Kostoff
Under Contract for First Rental Property
Good Morning BP!Last night I put a property under contract that will be my first rental property. I have experience with flipping and wholesaling properties, but this is a new venture for me. I am looking for advice...
DAVID GAGE
Better to borrow from Bank or 401k?
Looking to borrow about $20k to help with the purchase of another rental property. I have the ability to refi one of my houses or I could borrow from my 401k. Not sure of all the details about the 401k loan, I do know...
Anthony Arnt
rental property deal. yes or no?
Hi, Newbie here. A deal has come up from a brokerage firm. Home is Cash $110000, their estimated CMA is $155000. Has a month to month tenant paying $1075 in rent. They say needs cosmetics only. Good area, nice subdivi...
Chad Reynoso
Refi half way through loan??
Hi Fellow BP members. I’ve got a couple questions regarding my multi-family property in CA. I have roughly 13-14 years left on my original loan and with todays interests rates and dramatic property value increase I ...
Bily Elliott
401K loan
I plan on calling my 401K company first thing Monday morning, but I was wondering if anyone on here had any experience with 401K loans? There is a property for sale in my neighborhood, 3 bed, 2 bath, 1000 sq ft fo...
Christian Johnston
VA Home Loan: San Diego
I am looking to use a VA home loan in the next 3 months on a multifamily property (mostly looking for 3-4 units). I have read the Bigger Pockets House Hacking Book and the general Bigger Pockets book on Rental Propert...
Pedro Oliva
Buying first home or first investment property. Where to go for financing?
Im looking at trying to get pre approved for a loan on either my first home or either my first investment property. I would prefer to purchase an investment property in the form of a multifamily home. Im not sure as t...
Shane Potter
Owner Finaced My First MF! STOKED
Hey all!Today was an exciting day as I have my first Multi-Family deal in the bag pending a good roof cert we are on to closing. I secured the deal with owner financing @ 5% . I am beyond excited about the opportunit...
David W.
Repaying a HELOC
I am approaching my 1st rental property buy and of course trying to do all the homework. By the way BP.com is awesome. So rather than using my own cash or pulling money from stocks, I have been thinking about a HELOC....