Is a HELOC or cash out refi better in today’s current market? My family will be purchasing a foreclosed property at auction soon. A couple of us are contributing. The home will be in my name only. My initial plan ...
Hello BP,
I am looking for some insights as far as to how to get your dead beat tenant to pay you there back owed rent. I took them to small clams and won a judgment against them. I order a bank excecution and wasn’t...
Hey guys. Noob question here. I'm about to close on my first investment property in upstate NY and wondered if it’s possible to obtain a HELOC after that. I'm hearing that the banks are fuzzy about those tactics and m...
Ive been doing rentals since 2016, but just last year went into it fulltime. I have over 10 properties and all cashflow. Last year I paid myself to do the contracting work, as its something I do and enjoy. At tax time...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $695,000
Cash invested: $35,000
Currently house hacking this property.
What made you interested in investi...
I am in the process of putting a single family home for rent. We are not sure how much we should ask for as a security deposit. We are thinking first month and also a deposit that is at least $500 over rent amount. We...
Hello BP Community! My husband and I are in the process of our first BRRRR and are completing the seasoning period and looking into the final step...a cash out refi. I called my go-to gal at our local bank and she g...
Hello I am seeking out advice on financing for a residential/commercial property. We own a dog grooming business currently and want to expand into the boarding and daycare business as well. We came across a property r...
I am currently about $40K in debt right now (school debt & credit cards). I have been told by a financial adviser (fiduciary) that I should at least cut this down to less than $5K before I consider any REI so tha...
Hello BP, I have a question on house hacking. I have a family member, who's single and looking to buy a multi family property (his credit is 670 but mine is better 790). He has the down payment and closing costs m...