John Parshall
Primary house is paid off. Seeking advice on next step.
I will set up my question with some background info. I am married and 31 years old. I have 4 rental properties ranging in value from 135k-170k. Between these 4, I have approximately 140k in equity. I do not take any ...
Luis Alvarado
First investment property
My wife and I are looking to get our first investment property. We currently own a single family home in Bella Vista, AR which is our primary residence. We refinanced last year (Apr 2021) out of a USDA RD loan from 20...
Derrick Reyes
CA LLC With a MI Property
I own a CA LLC. If the CA LLC owns a rental property in MI, do I have to register the LLC as a foreign entity doing business in MI? Thanks in advance!
Justin Dean
Using Home Equity to begin BRRRRing
So, my wife and I bought our first real estate property two years ago as our primary residence. I did a VA loan with 100% financing. The home has been a fixer-upper and we now have estimated 60,000 of equity if we we...
Jose Vazquez
do lenders differentiate when using a HELOC???
hey :wave: ...newbie here. maybe this has already been asked but I wanted to know if others have run into this before. Do lenders view you different depending on what you are using the HELOC for? for example, someone ...
Sean Mcguire
Primary residence
Hello BP community,My wife and I are still searching and researching the area for a primary residence. We are new to the area and we'd much rather live in an investment for a few years and rent it out later. Any tip...
Vee Vu
When can I rent out my owner occupied house?
I’ve been talking to a few lenders about how many months I have to actually stay at my house, before I can rent it out. And get another owner occupied mortgage for another new house. But I’ve been receiving different ...
David Delmar
Real Estate Attorney (DFW)
Hi everyone! Great to be an official part of this community. I’m looking to do some real estate investing in 2023 and would love to meet like minded folks in DFW.I’m also a real estate attorney with substantial experi...
Christopher Mooney
BP BRRRR Calculator Assumptions
Hi all,I just got the monthly BP Pro membership so I can analyze properties. I'm just getting started, so don't have too much real data for inputs. Just using any resources I can. But would love people's thoughts on t...
Luke Tetreault
Live In Flip Sale Into 1031?
I purchased my current primary residence at the end of 2020. I would have about a net 125k cash currently if I were to sell after all closing fees. Thinking about a possible 1031 to my next live in flip? I’ve yet to d...