Rey Orinion
Leverage through cash-out refi at higher interest rate. Is it worth it?
Hi BP community, my wife and I are debating whether we should cash-out refi our rental property to acquire more properties for our portfolio. However, we bought the rental house 2 years ago at 3.2% interest rate, 30y...
Christopher Webb
Process for Subject To Financing
A friend is trying to sell his house in Kansas City / Gladstone area, but has not had any luck. I'm fairly confident that I can rent it out and cover the mortgage payments with the rent and still cash flow for repairs...
Joseph Duff
LLC'ing existing properties
Hey People - My wife and I own 3 single family homes (including our primary home) they are all in our names, and we are in the process of selling 1 of them in Scottsdale and use the profits to invest in a new property...
Deva Kamatham
Should I sell my first home to invest in flipping
Hello Gurus, My situation is very confusing, please advice. I have a home in los angeles and worth about 500 + now with an equity of 140 k. I quit my day job a year ago and moved out of country as I am not inter...
David Cohen
What are the pros and cons of doing a renovation mortgage?
I am interested in doing a fix and hold on a property, but I was told I'd have to get a renovation mortgage. It seems simple enough, but I've never done one before. What is the up- and downside?
Jj Kell
CPAs who specialize in RE investing
Hi, I just bought a multifam (3family) in Boston and am looking for a CPA who is well set up to handle these things but priced reasonably for the small time individual investor. I havent read the rules of the forum s...
Ross Benedict
Steps in closing a real estate deal
Quick question for anyone out there that can help me out with understanding the closing process. I'm currently trying to break into buying/selling land (raw parcels). I'm currently researching the closing process and ...
Joe Dvorak
Worth getting my Real Estate license?
I just purchased my first property in August and I am currently doing a house hack. I live in in the Jackson Hole, Wy area and housing is very expensive and appreciating quickly. Is it worth pursuing my license to be ...
Angelica Rivera
1031 exchange (NC Sale to FL Investment)
Hi BB Blog!I have a single family 2bd/1ba home (built 1940) that's been eating more money than it can make. I've put it on the market for 65K and was advised to do a 1031 exchange. I want to use this money to invest i...
Megan Johnson
Picking a good investment property
Hi all! I am a current duplex owner in Waukesha, Wisconsin. I lucked out with buying this first property from a family friend where I knew there was no problems, renters were stable, and it was a good deal. My next bu...