Dan Miles
Should I cash out refi?
So, I got a call the other day from a lender that currently has my 2 bed 2ba condo. The lady told me that they were reviewing my current mortgage and that since property values went up about 25k. I could refi, take $...
Account Closed
Best tech cities for real estate investing?
I saw this post:https://www.biggerpockets.com/forums/12/topics/456...And I am pretty much in the exact same situation as the writer.Would you guys say that the information presented in that thread is accurate?Do you h...
Ramki D.
Cancelling my purchase contract on folsom ca home?
Signed a purchase (600k, 1650sqft single family home in Folsom ranch)contract last year, plan is to get the down payment from heloc(2.5% apr until next year jan, after that it's variable). I also lock the interest of ...
Roc P.
Rentals in bad areas
I was wondering what was everyone thoughts about rental properties in dilapidated areas was. Is it worth having all the numbers work out, i.e. 2% rule and house bought @ 70% of value etc., vs. the appreciation of the...
Cordis Webb
Investor Cordis Webb
I'm looking for knowledge and experience. I want to learn and grow my wealth.
Garrett M.
First BRRRR Deal: Appraisal came back waaaay higher than expected
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 ...
Isiah Ferguson
Me and my wife need to choose ? what's your thoughts ??? HELP
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...
Victoria Noska
Property for sale with a 2 year existing lease, help!
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...
Terrance Lee
Can I use a HELOC on a property that's not my primary residence?
I currently have a townhome in the Fort Worth, TX area that I've been renting out to the same tenant since 2011. Current value is around $130K and I have $69K that I owe on the property. I would like to start invest...
William Sullivan
How does a high LTV affect future opportunity?
I'm interested in financing a multi-unit property in the Boston area with an FHA 30-year loan. This may mean a $400k+ loan with at least 3.5% down.How would this 96.5% LTV affect my ability to obtain future financing...