Joey McKenna
Private Money for Rental Properties
I have a couple who is looking to sell off their entire 32 unit portfolio. I want to offer on multiple properties, but don't have the cash personally. My cousin is willing to lend on the deal if I make it make sense t...
Simmy Thompson
Home Equity Creditline as Downpayment
Hi everyone,Is it a good idea to obtain a home equity line to use for a 20% downpayment on an investment condo? I've bought two homes thus far and one was a bad deal - buy and hold, the other is my current residence t...
Chris Roche
Which adds more equity
What adds more equity to the house? Re siding the entire property? The existing siding is in pretty rough shape. Old, ugly, falling apart. Or, converting electric heat to heat? This house is currently entirely el...
Nick Sette
Update on Triplex!!!
Hello BP Community!
Update on the Triplex, I closed on the property the end of May. I inherited 2 tenants that stayed until July 1, they moved out with no issues and on good terms!Since then I’ve begun to DIY the sho...
Alfonso Isarraras
When is having an FHA good to keep ???
Hello everyone Im Alfonso a beginner in this new pursuit of building my portfolio. I have a year with my primary home financed through FHA with a really low apr. Got some equity to get out off that loan but not enough...
Adam Scherr
Syndication questions
Hello All,
I have been reading a lot of the info here trying to get a good understanding of how to structure my first syndication. From reading, I do understand that there is no 'one size fits all' for structuring s...
Sarah Sadd
Applying for a HELOC
Hi everyone! I currently have 3 investment properties, two of which are empty lots that I own outright, one that I have a mortgage on, with about $200K in equity. I'd like to apply for a HELOC, but I am wondering how ...
Brent Davis
using equity to fund more deals
I've been at the rental game for 15 or more years. I am currently 38. We own 20+ units. We have a very large amount of equity in all our properties. Most of them are refinanced now for 10-15 years. Some less. Th...
Nicholas Hariprasad
Question From a 19yr old RS Investor
Hey BiggerPockets fam !! I really want to get into the RS scene. I’m an eager 19yr old looking to purchase my first property. I’ve been addicted to the idea of BRRRR but it’s very hard to find distressed properties th...
Jason Krick
Reserves vs. LOC for Repairs, Maintenance
I am hopefully going to get my first SFR rental property under contract later today, or early next week. Without going through all the details (I will hopefully post the whole story later), the end scenario will be t...