Hey guys! Question for you all: What do you think is the best way to use a home's equity to buy another rental property. The three that I know of are: 1. HELOC2. Home equity loan3. Cash out refinanceWhich one do yo...
Hi,I purchased a mobile home park about a year ago. Things have gone relatively great. There have been a few hiccups as I expected there would, but nothing that I couldn't figure out with some help from my awesome p...
Hey all!I just wanted to get your opinion on a home I am trying to purchase. I'm looking to purchase a 3-family home in Newark NJ (Upper Roseville) so that I can begin my real estate journey by renting out the other 2...
Does anyone know of a lender that will do a HELOC on a rental property in Florida?
Hello, this is my first time posting and am in need of some ideas from such a great community. I currently have about 100k equity in my current house and was thinking of building either...A) A new add on suit of 420sq...
Hello,
Say I buy a triplex multifamily home with fha loan and I rent both units and I live in one and the mortgage is $5000. Then after 1 year I move out and buy sfh to living and rent the third unit in the multifami...
Hey! currently looking to close on a property, and the structure of the property is encroaching on the neighbors lot by 6.3ft. We've contacted the neighbor and he's agreed to draw up an easement to resolve the issue. ...
I know that note buyers buy notes.....but what does that mean? what do they do with them once they have them? how do they make money? or what do they get out of it?
Hey BiggerPockets community,
I’m looking for some advice on an exit strategy for a BRRRR deal I’m working on. I’ve done this method once before, but this time I’m a bit torn on the best approach. I am looking to bu...
I have a rental property that used to be our primary residence. We used a HELOC on that property for a down payment and some renovations ($285k) on our now current primary residence.Our rental property has a 2.99% rat...