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What are the pros and cons of putting only about 15k as a down payment for a house
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Real Estate Investors usually like this conversation (it helps with flipping)...Let's say you have a Capital account with $250,000 in it and a 25% rate of return on past deals. There are advantages for collateralizing...
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Found a deal that needs to be closed before I can get financing lined up. Looking for advice. I will give yeah my current details. Deal: Purchase price of $45,000. Option 1? I am in a position to close quickly w...
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Hello all! I've been hoping that someone has a reasonable solution to this problem. The more properties, the more potential problems. Although appreciation is great, it's speculative so I prefer to focus on generati...
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Hi BP Community! I will soon be moving out of my first home. I bought it knowing that I always wanted it to be my first rental property, however not sure if the best way to go about it would be Air Bnb or a Management...
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I own a rental property (SFH) that has an excellent tenant in place, her lease ends in September. My husband and I are discussing options to sell. The property is in a suburb of Austin, TX. My understanding is if we d...
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Hello all! 👋🏾 My husband and I are new to real estate investing. We just bought our first 3 SFH (buy and hold) in Columbia, MO. We bought these from my dad, who we didn’t realize was essentially a slum lord 😳 (sadly, ...
My wife and I are looking at options for what to do with some money we have saved up. So me and my wife have ~$60000 in student loans. We take home $40-45000 a year. We have saved up $~24000. Do we use that money to p...
Hey fellow investors. Does anyone know of any banks that I can do a cashout refinance before 6 months? I'm currently doing a Brrrr on a property and I don't want to wait 6 months to get my money out.
Thanks
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Good Evening I am 2 years discharged from a chapter 7 BK. I want to refinance my primary residence and pull out some cash to invest. If I refinance and stay below the 80% LTV, do still I have to have PMI added to my l...