Jeremy F.
Leveraging Primary Residence Equity for First Rental Investment
For a first time real estate rental investor, is it a good idea to pull out equity from your primary residence in the form of a refinance, HELOC, or home equity loan based on today's current rates to fund your first p...
Brandon Walter
Property Evaluation - Mobile Home Park
Hi everyone, a bit new to real estate investing especially as it relates to investing in Mobile home parks. Looking for advice on how to evaluate MHP listings. For example:Asking Price: 1,495,000Cap Rate: 6.36%Units: ...
Kat Hussey
How long do your single family flips generally take?
I'm just getting into all this and wondering how long do you normally spend on each property? Do you do this full-time?
Simond Wong
Pls, Advice to transfer mom's property to me (Pennsylvania), TY
Happy FriYaY BP Fam, Thank you for your time
Scenario:
My mom has a Philly rental property that and would like to transfer house/deed from my mom to me and my sister. We ultimately want to then put the house under...
Drew Slew
Heloc or not? disadvantages
Theres a lot of HELOC threads, quick q: condo from 150k now is around 220k, second home, BoA seems to offer HELOC for it, could potentially take out 50-60k at 5-6% interest, first 12 months lower interest. Payments se...
Vlad Denisov
Valuation of multi-family
If the value of a multi-family is based on NOI, and we know that rents in B - , C+ are gonna stay the same during recession, then why would the price of our property fall? What are the reasons behind it I don't see?
Rahul Challapalli
Buying land vs rental property
Below are the variables ( known to me) impacting the inflated housing prices now
1. Growing population = More demand
2. Low interest rates = more affordability
3. Stalled production due to pandemic = Low supply
...
John Michael
HELOC terms from my local credit union. Any feedback?
Hello all,A real estate rookie here in the midst of a HELOC application at a local credit union. I've used this credit union before for other things and they are very reputable. There is something in the HELOC terms...
Jay Hughes
Future Rental Income to Help DTI
Hi,
I’ve been lurking/reading on the forum for a while and just decided to join. It’s been a really great resource, but it’s hard to get a handle on the current climate in lending.
My main question is the possibili...
Ryan Hampton
Use HELOC for STR down payment?
I’m considering investing in short term rentals. I’ve been working on saving up a down payment for my first rental but curious about using a HELOC to take advantage of the equity in my primary residence for the down p...