Brian Johnson
How can I lower my monthly mortgage for my duplex?
Hi All!I have owned a duplex now for almost 4 years. It was my wife and my first home purchase in Wisconsin, and it's been awesome to have the capability to have an owner occupied place coming from living in one bedro...
Dave S.
To be Free & Clear or not?
Here is the situation...I am purchasing two properties. Total between them is $183K. The seller doesnt care how i split up the purchase prices. So it got me thinking, the one property has a likelihood to appraise for ...
Eric Crosby
Advice on Turnkey investing
Hello all, I'm looking for some advice on Turnkey investing for a rental property. I was thinking about taking a HELOC on my primary residence to find the investment. Currently we have about $250k in equity. I was loo...
Jake S Mckinney
Local Banks - No Long Term Loans
Some context:My primary strategy is small multi-family. My secondary strategy is that I’m starting a wholesale business to fuel some long-term SFR rentals. I’m looking to buy about 15-20 SFR in the next couple yea...
Matthew Hunter
Should I use the equity in my current home to purchase another!
I purchased my home with a conventional loan, 3% down payment. There’s roughly $30k in equity in the home. The wife and I are looking for a bigger home but want to keep and rent out our current home. Should we use the...
Jeff Mills
Move and make current home a rental or save and invest more OOS?
We purchased our current home almost 6 years ago. The market here has appreciated quite a lot during that time. Our home's value has appreciated over 50% while my salary is twice what I was making when we purchased it...
John Ford
Rental cash-out refi options with "just ok" credit
My current home has $154k balance on my mortgage and would conservatively appraise at $300k.I'm closing on a new home next month that I'll be moving into and I plan to put my current home on the rental market for $180...
Jermell Shavers
Neighbor wants to sell me her house
So today me and my neighbor were talking and she wants to sell her house to me but she said she is upside down and wouldn’t have anywhere to go if she did sell as she is retired and has limited income. So I offered to...
Ashley Wallace
Help me figure out why we can’t qualify for a loan.
My husband and I own our house outright. We have a HELOC on the house with an available line of $330K. We have $120K drawn from it right now. We also an investment property under contract to be sold for $815K. We owe ...
Jen Hebda
Selling Our Family Home To Expand Investing...What To Buy Next?
My husband and I are currently putting our family home up for sale to gain more momentum in buying real estate investments. We continue to go back and forth on what type of property to purchase for our next deal with...