Hey guys looking to get a HELOC on an investment property. I’ve called numerous banks and found one that will do it but it’s an interest only HELOC. This is my first time using a HELOC. Is this a good idea or no? Th...
Long story short... need some sagely advice. Inherited a property from a family member passing late last year. Property is in a great STR location in Wa state. Once we took possession we did a complete rehab on the pr...
Hey all! This is my first forum question.I have about $50k equity in my primary residence, and was wondering if it would be advisable to use that equity to get my first investment home.If so, what route should I take:...
Hey folks,
I'm thinking of switching all my banking to a completely online bank, Ally. Anyone else done this? I'm thinking that perhaps, because they are online only, I can do more from my house without alway...
My wife and I are new to real estate and BP. We have been reading up on the material provided on this site ONLY. I say only because i do not want you to think that we have been sucked in by "Infomercial scam". We are ...
Hello,
I have a SFH property in San Jose where the tenant has not made even 25% cumulative rent the past 3 months. Rent is 2500$.
Losses incurred till date. 7000$
The lease expires March 30th. I am starting to worr...
I have been investing in real estate for about 4 years now and now own 12 rental properties. I do a pretty good job of keeping the units full, but obviously we all have some short term vacancies here or there. Well I ...
Where are people finding non-recourse loans to fund a buy and hold rental property with their Solo401k? I found 2 lenders who specialize in it but rates are almost at 7% I can get 4.5% from credit union and 5.75% from...
So here it goes. I own my home in Canarsie, Brooklyn. It’s worth around $500,000. I owe around $374k. I just bought it in March 2018. I could rent it out and make about $2k/month, $400 less than the mortgage which is ...
Okay, this is a basic concept that I'm having trouble with. I was listening to a Podcast where Brandon had mentioned a 4 plex he bought for his daughter's college tuition. Below is the example...-Buy the 4-plex for $2...