Daniel Kelly
Refinance with today’s interest rates
Hi all!I’ve never refinanced before (or utilized any creative financing strategies, although I’ve researched them at length). I bought my first rental property in 2020 at $290k. Since then, the market has boomed and I...
Azmat Hossain
Rental lease agreement
I have a rental agreement between husband and wife I got a call from the wife stating they want the husband to be out of the lease because they are getting separated all the marital issues. How would you handle this s...
Juan Ayala
Refinancing Parents Property
Hi Team BiggerPockets,Need some advice from the team... So my parents own a property in Florida where they have a lot of equity in this home and a very low amount owed on their mortgage. The issue that they have is th...
Andy Perez
Home Equity line of credit
Hello, Biggerpockets...I purchased a 4 family building in New York (Bronx) with some equity in early 2016. Now $60K later, I feel the property now has over 180K of equity in it. I've been looking into getting a Home e...
Matthew Berry
Looking for ideas. Duplex burned down.
My friend owns one side of a duplex in Olathe, KS. Recently, there was a fire that burned down both sides of the duplex. My friend contacted his insurance company who has agreed to pay out $103k to rebuild his side of...
Mike Alvarado
1st purchase of Multifamily Property
Hi Guys, 1st time home buyer. What do you think of this deal?
List Price 249,000. 3 Unit Multifamily , one car garage
Expenses: Taxes 12,000, Sewer 1,000, Insurance 1000, Advertising 500, Hotwater 2000 ...
Pavel Shemyakin
Why dont wholesellers get licensed?
Ive been reading many topics on this forum since i was introduced to it, and one of the big debates is whether or not it is legal to be a wholeseller.On one side people say “you are not selling real estate, you are se...
Kyle Cost
What should be my next move
This is my first post on here. I'm looking for guidance on how to get started investing in real estate. So here's where I'm at currently. I own a home in Texas that's worth about $125-130k. It was a foreclosure I ...
Mandy McAllister
Refi or new property?
Which would you choose to do with 40k?My husband's former residence is now a rental property for us. Property is worth 120k, we owe 133k. Market rent is about 1300 per month. Loan is a 20 year HARP at 5.25%. PIMI,...
Deville Nunes
I have a property that is paid off. I am taking $60,000 cash out to buy more investment properties. Should I;
A.) Buy a 2 bedroom fixer for $38,000 in San Bernardino CA. and fix it up for $15,000. Rent for this would be $750 a month. It will be worth $70,000 once it's done.
With this house, I can borrow against it (because ...