I recently purchased a property that will be a vacation home, and vacation rental. I had planned on putting 20% down and getting a mortgage, but due to 6+ offers, I had to give a cash offer to get it done.  The cash a...

Looking for some wisdom from my fellow BPers!I am considering doing a cash out refi for a rental property purchased in July 2017 with a 30 yr. 4.375% fixed, for the purpose of acquiring acquisition capital. With the g...

I've been saving and have established some good credit, what now? what would you do? should i just keep on saving or go ahead and jump in?

Hello everyone who is reading this and thank you in advance for any advice you can give me. Ok so here it goes, let’s say that I will soon be able to invest about $40,000/year in Realestate. I’m interested in acquirin...

I am in the middle of a renovation and had this thought while talking to another investor.  Lets say you have a $35,000 renovation on a property you purchased.  You have the cash in the bank to be able to cover the re...

We're ready to jump into a real estate investing (buy and hold, $100,000 single family home or less, out of state). We have the following funds avenues that we can use for a down payment, and wondering what may be the...

I live in the Vegas Market. I found a duplex, assessed the numbers 4 ways and all outcomes of my analysis yielded great cash flow and COC ROI. However, I dont have 20% via conventional route for down payment. I do hav...

Is there a limit of how much cash you can have in the bank to qualify for a FHA mortgage?
Example: what if I have a lot of cash from savings but my income is very low right now. Is that lump sum of savings going to p...

Hello all!I'm writing to introduce myself. My husband and I live in California, but are looking to invest in our first property within the next year in the Rochester area (specifically a nice suburb like Pittsburg or ...

#askBPI have $30k saved and ready to use.  Is there an advantage to using this to pay down my current (primary) mortgage and then getting an equity line of credit, or should I use this strictly as investment capital? ...