Three years ago, I invested in my first property as a primary residence, a duplex in NY that is worth about $125k and I owe about $74k on it. At the time, I didn't know much about the power of HELOCs and ended up goin...
What’s going on guys? Just starting my investing journey. Wanting to house hack and buy a duplex and live in one side. I currently have my house for sale and I don’t have much equity in it. Roughly 15k after I pay clo...
I'm a new investor considering a BRRRR strategy in and around San Antonio, TX. Locally total tax rates are around 2.73% (example $284.38/month taxes on a $125k house). This makes cash flow very lean. Any tips or sugge...
Howdy. Straight to my question - Whats the best way to pull out equity from mortgage free (paid off) investment rental (property 1) and take that money and purchase a 2nd, lower value long-term rental (property 2) ?
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HI BP community!
I am a new investor and have 0 investment properties. I am searching, analyzing, and all that fun stuff. I have reached out to a local lender and as you know once your information gets out there, the...
Trying to spell out the benefits of seller financing to a seller. Any suggestions are welcome.
Info: Seller owns the multifamily house outright and has owned it for 40 years. They will be facing a capital gains pa...
I'm looking to close on my first property in the Austin Area and I've heard that Credit Unions are a good way to go for getting great interest rates and such. I'm seeking either a first-time home-buyer loan, or a resi...
Our goal is to buy a 2nd house, move, then put our 1st house on the market (ideally, it will sell very quickly, however, we are planning on having to pay both mortgages for a while if needed). Let’s assume for argumen...
Hey Bigger Pockets Fam!My partner and I have successfully used the BRRRR method gaining us 5 doors in the last 5 years. However, last project (3BR-2BA, 1700 sq ft) has posed a dilemma. In short, we went over budget on...
Hello all BP Pros,Want to get your opinions on this. Thanks in advance! I am trying to do cash out of my rental property. It's a single family home at south FL, purchased with all cash, free and clear, rented out. I w...