Steve Vaughan
Pay off mortgage for a large HELOC?
We have a relatively small mortgage with a relatively high 15yr pmt. We are 9 years in.
We were considering doing cash-out refi's on 3 residential rentals to pull out about $300k to beef up our opportunity fund.
...
Pearce G.
What would you do or not do?
I have a couple of acres that I subdivided from a larger property. Once I sell the main parcel, my cost basis in these two acres will be near $0. A builder I trust is interested in putting townhomes on it. To make ...
Brandon Lee
Electrical Costs...the 3rd rail of home improvement.
Good Morning Bigger Pockets!I have made it my goal to get better at quickly estimating rehab costs. I have gotten pretty good at identifying and estimating almost everything in the house...however, I am still struggli...
Travis Andres
Curious about the 70% Rule for analyzing a BRRRR
I'm guessing the 70% rule is to determine if you'd be able to pull all/most of your money back out on the refi (70% LTV max)?If so, now I'm seeing lenders willing to do DSCR loans of 75% LTV, so then would I switch to...
Brian Bundy
Should we build rentals on land we already own?
We own 15 acres zoned R-5 in Snohomish County, WA. Our home/business is on about ~5 acres and the rest is cleared and flat with road access and electric already in. We were going to sell 5 acres to a neighbor to dev...
Hung Trieu
Self Storage need advice
I am looking for buying someone problem , the self storage (location Houston , TX) seat on lot of 4 buildings 4300 SF (land 22,870 SF) around 70 units build 1998,the appraisal value (from HCAD web site) 192khave been...
Art Maydan
Renter Wants to Install Dish and Phone Jack
I'm at work and my renter just texted me that AT&T is at my house and where can he put the dish. My wife and I live upstairs and he just moved in downstairs. He's asking if they can put a dish on OUR balcony or on...
Michael Delgado
First time investor and which markets
Hey all,
I am looking for some advice as to what to do. We are looking to start our real estate journey and hopefully own enough doors to retire early. Me and my wife are 41 and have access to roughly 500k in asset...
Scott Loud
Where to park your money between loans
Hello, I just got started with PML with one of my retirement accounts. I was wondering where folks who partake in this business hold their capital when it isn't loaned out? I would assume a high yield savings might ...
Billy Knox
Why use a Real Estate Agent?
Hello BP! I have a question for the group and was hoping to generate a discussion around this topic. Disclaimer – I am an instructor pilot in the Navy and not a real estate professional – so take everything with a gra...