Bryan Miller
HELOC - Mortgage process
Main question: how do HELOCs affect your dti and how much does it change how much a lender will allow you to borrow?Fairly new investor here, working on first purchase of a property to use as STR, and hoping I didn’t ...
Kenyon Berry
Creative Finance Help?!?
Hi everyone, I’ve got an extremely motivated seller. The problem is the family wants more money than the property is worth without the necessary renovation to support the cost. Im working on convincing the seller to t...
Jennifer Walsh
HELOC or Cash Out Refi? Free up cash for next deal
I own a rental property free and clear. Do I get a HELOC or Cash Out Refi? I plan on doing another deal, not sure what just yet, interested in BRRRR or STR. I like the idea of a HELOC so Im not paying unnecessary inte...
Dylan Bergum
Different ideas for property income streams besides rent
I live in Ontario (GTA region) and have been considering buying a single family home in a more country/rural area and making income through other avenues besides long-term tenants.
So far, I have come up with the fo...
Demetrius Brown
[4 Security Concerns] for Multifamily Communities
Problems like trespassing, conflict, and unwelcome visitors are common to any multifamily unit. And the trouble spots where these occur generally remain consistent across locations.An industry expert on how you can be...
Bridget Huebner
Here to help Redding, CA investors!
Hello all!I have been a mail carrier in Redding, CA for the last 3 years. I have a massive amount of knowledge about the area, and specific streets and neighborhoods from the work that I do. If you are someone that wo...
Alex Silang
Want to rehab but concerned about market risk
So I’m eyeing a property and I’m really thinking about a fix and flip loan.I’m just really concerned about the market risk. For example, if there was something like a global pandemic or credit market crash, I might no...
Joshua Heath
Cash Out ReFI OR HELOC?
Greetings All!It’s been a long time since I’ve been on the forums. Seeking your guidance/wisdom. A little about me: U.S. Army vet. Recently moved from Lynchburg, VA to Parrish Florida in December 2020. 5-yr goals for ...
Jennifer Pressley
Sell or Rent Our Home? What to do?? FL --> AR
Hello all. This is my first post. I am grateful for this community as I am in need of some advice. My husband and I own a home in Jupiter, FL (Palm Beach County). We purchased it with an FHA loan in 2012 for 172K. We ...
Raymond Greene
Debt to Income Ratio
Hey BP community! Question- Does my current lease payment for the apartment I am renting impact my DTI for an investment property I plan on purchasing? I have no intention on living in the property so it wouldn’t be a...