Michael Sontheimer
Heloc on a property that is totally paid off
Hi. I have been investigating the best way to get the down payment for my second investment property. I paid cash for the first so it is totally paid off. I am interested in a HELOC but have only seen this done when t...
Juan Beltran
Best move to start my investing career? Sell or refinance.
Hello all, I now live with my family in a single family home (3/2) that I have considered selling for some time. I am undecided and would appreciate some insight as to what could possibly be better to my investing car...
Raymond Owens
Refinancing out of FHA and being misinformed about FHA loan
Hello all,
Sooo I began my journey to becoming a real estate investor almost 2 years ago when I bought my first 2 unit property using the FHA (first time home buyers, 3.5%) Which is owner occupied. Fast forward to...
Derek Back
Should I do a cash out refinance on first rental property
I am new to the investment property game and just purchased a condo using a home equity loan (HELOC) off my personal house. The HELOC is for $80k and I purchased the condo for $75. The loan is interest only payback at...
Abi Cabonita
I am renting and wanna get into real estate investing
Hi! I am renting and wanna get into real estate investing. What is the best way to start? Should I buy a house to live in first before I buy an investment property?
Ryan H.
Beginner Questions re: Refinancing
Hi all, I'm considering refinancing and am having some trouble clarifying what terms to pursue. I'd be interested to hear your feedback regarding my circumstances:Background:- I'm a new real estate investor with one ...
Account Closed
My Newbie Investing Strategy - need input/critique
Hello all! Been reading these forums and the rest of the BP site for awhile now and believe I have come up with a strategy for investing in real estate in the very near future. I hope to get a critique of the followin...
William Morgan
How-to Qualify my Tenant-Buyer for refinancing later on?
I am buying a property that I will serve as a new home for my nephew. It's a foreclosure, needs minor repairs and does not qualify for FHA etc and he does not have the 20-25% down needed to do the deal. I will be buy...
Ryan Marker
Condo in NW IL Burbs - Keep renting or sell it?
I bought a 2 BR 2 BATH coach house in the NW burbs of Illinois in 2004. I was 24 at the time and it was my first home purchase. The coach house used to be my primary home. When I lived in it, I was renting out the 2nd...
Siri Ramos
Creative financing between me and my parents
Hi All,My parents have decided to make a huge move out of the country (USA). With that, they are seriously considering selling our family home. There are tons of unique things about the property, but without listing e...