Hi BP community.  I'm a buy-and-hold investor with a nice little portfolio (16 units) of cash-flowing properties.  Was chatting with a friend recently about how my return on equity is a little bit less than what I ori...

I am new to BP and I've been trying to absorb as much information as possible.  My family and I moved to a bigger house and rented the old one, about two years ago.  We've been extremely fortunate with our existing te...

My wife is in the middle of refinancing a property under her name, and we just hit a snag.  The underwriters kicked it back saying she could only claim half of the rental income of the property because we filed taxes ...

Can somebody please clarify the HELOC for me, please? I'm going to be closing on my 1st rental property on May 1st. Upon closing, I will instantly have approximately 50K in equity in the house. I was under the impr...

I have a four unit I bought seller financed. It’s a 10 year 4% note. Great sellers have helped and treated me well. I’m in the process of some value adds. Won’t be much longer till done and stabilized. I am thinking o...

We recently purchased a home thru a short sale. It's the first short sale we have done. We usually buy REOs.
When we were negotiating we had the most issues with the holder of the 2nd trust. They kept jerking us arou...

Hi All! We own one property (our home) worth around $500k, no debts owed.We would like to purchase a second place as a rental property for 200k-250k.We also have to renovate our current home (estimate cost around 65k)...

My parents have equity in a property of which drawing $200k on the HELOC in no way risks their livelihood. They've done so before for investment purposes and wish to exercise it again. They're wanting to explore one...

Hello biggerpockets community, So here is my scenario We bought a house last year for 408k after hearing they had lowered the price because it needed some TLC. After buying this home last year , our Cul de sac is no...

My wife and I feel super comfortable understanding the mortgage process but are tentative to jump into an investment before we understand how to fund all the rest of it (assuming our purchase will not be turnkey). Whe...