Hi everybody,My husband is military and we currently own our home in Knoxville (purchased for $450k, we owe about $300,000 with 2.6% interest on 15 year loan). The market in Knoxville seems to be pretty strong and my ...
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Hello. I own one rental property with no mortgage. A tenant is moving in next month. I would like to take money out of the property to put a downpayment on two other properties. Would a CASH-OUT REFI be a good option?...
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My wife and I are debating on taking out a HELOC on an investment property we own to purchase another property. My problem with this is that it's already too hard to cash flow as it is without adding an interest and p...
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Hello BP,
I am still new to BP and this is my first time really seeking advice.
I have a rental SF home in Virginia. The home has a positive cash flow of $200/month and I have excellent tenants who treat the home as...
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As a means of helping me with future retirement funding, my former employer set up the sale and transfer of a number of rental units (19 in all) mostly SFH. to me.The deal is owner financed, no money down, interest on...
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Hi I'm new to Real Estate investments, I have a Raw land property in Round Rock Texas that will sell 15 March and I'll have a nice cash out, after paying closing cost. I'll need to do my cost basis to determine how mu...
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Good morning BP Family! I hope everybody has had an amazing week and is looking forward to an even better weekend! I'm still on the hunt for a new acquisition and am looking for SFRs or multi units in the Indy area (b...
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Hey Everyone! I haven't been here for a while. My husband and I have been steadily expanding our little rental business. We have been focusing on single family houses, buy old ones, fix them, and rent them out. We fee...
Hello! I have lived in my condo for 5 years and have decided to buy a bigger home for my growing family. My current condo is in a great location in Denver, CO and I'm wondering if I should keep it as a rental or sell....
which is the better option, assuming you have the cash? what advantages do you get from buying with cash and then refinancing after?i'm mainly interested in this approach because, from what i've read, it allows you to...