Phillip Rhegness
Leveraging equity - Question
I am learning about the "proper" way to take advantage of leveraging equity using rentals/apartments/leases and holding the properties for an extended period of time, i.e. for years.
I have an industrial property I p...
Anh Le
Using HELOC on a rental to buy another rental property
Hello,
I’m thinking to get a HELOC on my current rental property to buy another rental property, rehab, and refi to pay the HELOC off. It would be great if you can refer me to some contacts in the Bay Area, Californ...
Chris Rendall
Can you use the BRRRR strategy on initial purchase?
Hello BP Community!I'm still learning about the BRRRR method but it sounds like the refinance is always happening some time after the initial purchase of the property. I was curious to know if you can apply the same s...
Kevin Echtinaw
The bottom just fell out
We built a new home one year ago and had over 200K of equity we were going to use to invest. We just had an appraisel done and we have lost
all of our equity because of the economy (we are in MI) so here we sit with ...
Logan Judnick
Financing when moving on to second house hack
Lets say I purchase a duplex with 3.5% down FHA and live in it for a year as to qualify it as a primary residence. Can I then purchase another multifamily with a 3.5% down FHA loan, or do I have to refinance into a co...
Haeden Schneider
Creative loan financing
Hello,
My wife and I have been looking to find a larger home since our family is growing. We are very interested in keeping our current residence for a rental/investment property in addition to buying a new home. We ...
Noah Stout
Is this BRRRR FHA Strategy any good?
Plan Overview:
I would like to preface by saying I am new to real estate investing and do not own anything yet, however after diligently listening I believe i have a plan. I would really appreciate any advice or crit...
David Ortiz
Turning our childhood home into LLC
I see possible opportunities with my childhood home. My brother technically owns the property, but my mother & aunt currently lives there. My brother is in the process of moving to another state and he wants to ad...
Jake Vayda
TWO WAYS we can buy our DREAM HOME, which is better?
My wife and I would like to buy our dream home next year as our first live-in residence (We’re renting now).
PAST- We bought our first investment home 7 months ago and we have a Hard Money Loan that I'd like to tur...
Alethia Hines
High Equity Vacant Properties
I have obtained a list of absentee owners of high-equity vacant properties in my local area. Some have been empty for a while. How would I begin to start a conversation with these owners and what would motivate them t...