That title is a reference to old punk rock song. I’ve had an investment friend suggest I sell my real estate holdings which is 5 singles family homes. He made a suggestion because of rising interest rates and home val...
Have become very frustrated trying to obtain financing on a second home (will also use as a short term rental). I thought a HELOC was a common way to obtain equity from your primary home and use as a down payment for...
Hi everyone, question regarding FHA loans. I've heard on several podcasts recently about refinancing an FHA loan into a conventional mortgage, to free up your FHA loan for reuse. How many times can this be done? Ca...
Hello BP, How have people that owned 2-4 Units dealt with noise transfer between units?I have a Triplex I am living in that is 3 levels. The First floor is my unit a 2 bed, Second Floor is the same floor plan, and the...
5 Creative Financing IdeasA common comment I hear from others when I talk about my real estate investments is, “I wish I was doing what you are doing.” While it’s up to each individual to decide their commitment l...
So I bought my 2 fam house in Dec. and have a 221k mortgage on it owner occupied. Since I bought it, I updated both units - (paint, light fixtures, appliances, took out carpet hardwood floors throughout, all the o...
Hi all, I'm working on 2 separate deals that pencil out well but I'm not sure which to do. For reference, I've only got funds for one.
The first deal is a value add 7 unit (1/1) in South Carolina, B class with lots...
Good afternoon y'all! I'm posting since I'm a long-time reader but I'm having trouble figuring a way to get started in RE since my job requires me to move frequently. Looking for advice - does anyone have tips/strateg...
Hello BP, I am hoping you could help us. I am working on trying to keep the interest rate at 2.5% on my mom’s house that we are inheriting now. The property is in a trust but the loan was taken out in my mother’s nam...
We currently hold 5 rental properties totaling 15 doors. All properties are in northern Illinois and we have since moved to Arizona. We have been self managing from afar utilizing previous service providers and friend...