Jim Piety
Should I sell my breakeven rental?
I purchased a fixer upper through a wholesaler in March 2021. After more repairs and expenses than expected, i could not sell the house for a profit. The house would not appraise. So instead, I refinanced, pulled out ...
Noah Bacon
Should I House Hack again?
I think that the obvious answer here is to House Hack, but hear me out and please tell me what you would recommend!I have house hacked 2 single family homes in Colorado Springs, moved out with both rentals cash-flowin...
Michael B.
BRRRR ? Refinance questions
Questions about refinancing.I moved into a property at the end of may this year. The house was purchased for 130k, it appraised at 135k. I got a conventional loan with 5% down, 30yr and took a 4.25% vs a 3.75% to re...
Bradley Padula
1st Cash out Refi = Success!!
Hi Bigger Pockets! First post on the forums here!I just completed my first cash-out refi of a SFH I bought June 2016 in the suburbs of MA, cashing out $61,000. Financials Purchased foreclosed: $220,000 - PITI $1385/m...
N/A N/A
Any advice would be appreciated
Hello, I kind of stumbled on this site and am amazed with the amount of knowledge of the members here. My main question is this I do not have the greatest credit and have nothing to use as collateral, but still want ...
Ryan Garant
Eager to do my first RE investment but gut says wait!
Hey everyone this is my first post and I'm super excited to be a part of the BiggerPockets community! I've been devouring BiggerPockets podcasts, books, and courses for about a half year now and am at the point where ...
Dan Green
General DSCR Loan Information
Hey everyone. Looking for a general understanding of how DSCR Loans work. I understand that ratio generally needs to be around 1.2, but what's the percentage of an average down payment on one I should expect to pay? H...
Matthew Nicholson
Help! What if I can't sell my flip during the virus?
I am looking for insight into exit strategies on a single family 3/2 flipped house in Portland 21 days on the market. The pre Covid-19 ARV was projected to be ~400K. The property has a hard money loan of $235K at 10...
Mike Sattem
Help! My appraiser's an idiot
I met with my appraiser a week ago on a refinance for a four plex I own, and I provided her with comps in addition to an income based valuation worksheet already filled out to "assist her". Everything that I can find ...
Ari Archer
Taking over 4 tenants – best strategy for getting up to mkt rent?
Hi–I just bought my first rental property – a 4plex of 1/1s in the Vallejo, CA area. I'm inheriting 4 tenants, 3 of whom are month-to-month. I'm looking for the best way to get the 3 month-to-month tenants up to reaso...