Greg McClellan
Using Heloc Financing
I am looking to expand a portfolio of properties rather quickly. I recently came across using a HELOC to finance the next/another property. I have been reading articles but can't seem to find the info I need to make a...
Mia Trasolini
Should I refinance?
Hello fellow investors,Looking for thoughts/advice on this refinance situation.This property is a 2/1. Purchased for 76,000. Fixed it up. Renting it for $1325/month. Currently have a $60,800 mortgage w/ 5.75% rate. M...
Jeff Dippel
Refinance Questions help
Hey all I had a question. So I currently owe $375k on my condo. I have a 3.375 30 year fixed rate. I called my lender about refinancing and they said I could refinance to a 2.8% interest rate IF I added some points on...
Account Closed
My retirement plan is no good. Looking for advice on 2nd plan.
After being retired for almost a year ago, I realized that my original post-retirement plan was no good. I would have to sell one of my two properties to reduce my living expenses and that is not what I wanted to do...
Tyler McLeod
Goal/Down Payment Question
Hey all,
I have decided I am going to save $20,000 by December 2015 to get ready for a down payment on my first home. Is this enough for a house these days? I've read of people saving more than that depending...
Maria Robbins
Another member from Miami, Fl
I've just recently discovered BP and I'm so impressed with the amount of information and guidance offered here!
My husband and I own some SF properties in our area, including a 2/2 condo on Miami Beach. We h...
Michelle Fuller
Looking to purchase my first investment house in Houston, TX
I am purchasing a house in Houston TX for 170k, I have 50-70k for a down payment and the appraisal came back at 190k. I was trying to go conventional and am finding it very difficult, so now I am looking at privat...
Minh Nguyen
HOA or developer needs to fix leak
I have floor to ceiling windows in my bedroom and recently discovered that my carpet was damp near the window after a storm. I'm not an expert but it seems pretty obvious to me that the water is leaking from outside d...
Nicholas Sanchez
Rental Property Financing - Chicago
Hi everyone!I own and live in a condo in Chicago (Old Town area) that I purchased for about $600K and currently have about $250K equity in the home. I am looking into purchasing a rental property in the Chicago area a...
Clinton Hays
how much cash for a flip
hey everyone, putting in offers to get my first house under contract for a Fix and Flip, and I'm wondering how much cash for a deal I would need? I have credit cards for $100,000 at 0% and I can pull cash off of them ...