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I currently have 3 SFR rentals (mortgaged) with about $70k in dead equity total. What is the best way to capture this. Blanket loan all three with a cash out refi? Is that possible? My goal is to use this money to be...
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I need some advice. We have a $90k HELOC on our primary residence which we used for our down payment on our rental property and currently owe $35k with a variable interest rate. Our rental property mortgage balance ...
Hello! I have a SFH that I own, with no loan on the property (purchased a long time ago).I'm looking into getting into other investments and not sure how I should proceed.Is it worth doing a cash out refinance? The am...
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I know of a property with a listing price of $87k and an estimated rent of $975. The seller claims such a rental could earn a positive cash flow of $250-350 a month and a cash ROI of 20%. Is that realistic?
It is a...
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Hi,I'm under contract to purchase my first deal, a 4-plex in Albuquerque, NM for $117K. It probably needs about $30K in rehab.I have my own cash to purchase and rehab the property, and then I can do a cash out refina...
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I must not be seeing eye to eye with many investors added with the fact of how new I am... but here it goes... I'm into buy and hold properties and I'm thinking of making my first purchase soon. The thing is, I kno...
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I'm looking for knowledge and experience. I want to learn and grow my wealth.
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I find myself in an odd position. I just got back the appraised ARV value on my first BRRRR deal and I was hoping for/ expecting a value of 140K. Well, it came back at 180K. I don't actually believe the home is worth ...
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We definitely need some advice moving forward. Thanks in advance !!!Me and my wife combine currently make $55K a year which will potential go to $70k a year with my new job offer. I'm currently in the background phase...
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Hey BP peeps!The property I want to purchase has one caveat - the previous owner has a lease with a tenant ending in 2020. I believe that the current rent is way too low/not being maximized and I would also like to up...