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I am new to helocs. Taking out a heloc on my primary, no mortgage note. Comps in my neighbor peg house value at $348K. If a bank does 80% but is availing a $220k line. Am I on the loss for something here? Why won't ...
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Thinking about buying some newer build homes that are turn key for long term rentals. BUT if you’re not buying in all cash and going to finance it. How much do you think you need to make on top of the mortgage to make...
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I am eagerly anticipating my first steps into real estate. I have spent several months saving and researching for my first investment. I currently live in the League City area and would prefer my first rental property...
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TLDR; VA Dad wants money during his retirement. He just wants the cash and for me to burden the means of getting it, lol. Any way to do that?So my father is approaching his 70s and is a veteran. He has no debt and ...
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I am a buy-and-hold real estate investor in Southern California, focused on cash flow. I have a number of rental properties and continue to purchase more. I've been listening to the Bigger Pockets podcast and find the...
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Hey guys/ galsI would love it, if someone can help me out with a question that i have. Is it better to use a house as a rental or a flip? Im speaking in terms of Charleston,SC or any other area in the south that doesn...
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Hello all,So, I have created a spreadsheet for the home that I currently live in and am considering leaving and renting out as opposed to selling. The spreadsheet includes the mortgage, insurance, prop tax, school tax...
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Hi BP Folks,
I am new to real estate investing and looking for some advice on financing options. Currently, I know the type of investment property (multi family) I am seeking, strategy (buy and hold - potentially BRR...
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I have a seller finance deal pending. Price $380K , 20% down, 1 year Note, 6% interest, Amortization not decided yet. I do plan to use a HELOC at 9.25% for down payment. I plan to refi at one year after raising rents...
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Hello everyone,I was looking for some feedback on a potential property in Maryland. There are 2 buildings, a duplex (1 BR + 4 BR) and a 5 unit (1 Efficiency, 1x1 BR, 2x2 BR, 1x3 BR) for a total of 7 units. Both buildi...