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I understand the first 2 Rs but i can't quite get refinancing. Could someone explain to me how it works and how I can get all my money back? Thanks!
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Back in 2015 I bought my first rental in Durham, NC. After looking for a month, this seemed like the best deal.Specs:4/2 built in 2006 1200sqftPP: $94500Had a tenant in place renting for $1050.I recently had the prope...
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Looking at buying some real estate as a rental in the Windy Pines area in Portsmouth Virginia, off River Shore Drive. I see a lot of foreclosures happening, just concerned about the quality of the area. Any locals hav...
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Hello,According to NOLO's Tax Deduction Guide, the waters are somewhat murky when determining whether a rental property owner is a "business" or "investor." I own one out-of-state single family residence that has ten...
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Ok... I have been alseep at the wheel for a minute, so I am not up to date.I have decided to sell a rental house that I have had for over 2 years, so it is in the long term catagory. I am selling because I moved out...
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I "finished" my first fix n' flip and got it on the market a couple weeks ago (type in Liverpool Drive Charleston SC in Zillow to see photos). The project went about $20k over budget and 3 months behind schedule. Have...
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I got my first property under contract a few days ago and it seems to be a pretty good deal. I have been marketing for a buyer for the last 2 days and have not had one lead. I am hoping that anyone here will be able...
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Hi everyone, my name is Kevin Darrell and i'm from Long Island, New York. I initially came upon Biggerpockets.com while trying to find some background on a company called Strongbrook that a family member approached me...
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I am a fairly new investor and have pondered a decision on my first single family home:a)Refinance the loan to increase monthly cash flow. Or, stay the course with minimal monthly cash flow and faster loan pay off.I h...
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Hello everyone!I am looking at a great house that needs a lot of work (this would be my personal house). Financing is the struggle.I heard about the subvention technique in Canada and would like to know if this is ap...