Alba Cheung
cash out refinancing, should I use interest-only option?
Hi, I have 2 rentals in GA with about a total 150K equity. Both rentals have good cash flows, and both loans are in 4% interest range. Should I refinance them and use the interest-only option? I need cash to reinves...
Michael Breedlove
Commercial CashOut Refi on a 4plex
Hey BP Fam,I'm looking to do a cash out Refi on a 4plex that I own just outside of New Orleans. I'm considering doing a commercial loan and transferring the property into an LLC. I've been quoted 6.25% with 2 points a...
Jay Y.
Goals for 2013
I definitely want to make good progress this year. What can I say, I've been bit by the real estate bug and it's addicting! Here's what I'm planning to do to reach my goals (save downpayment for #3, maybe #4 if I'm lu...
RogueCoble RogueCoble
Fastest and most efficient way to successful REI?
What are some of your ideas? I am new to REI and have just read some books so far but here is a start to the list:
1. Read books about REI that are recommended from a reliable source.
2. Go to REI groups/clubs/se...
Carlos C.
House hacking question
Hi everyone!I have a question about house hacking.Let's say I bought my first Duplex with FHA and I'm going to live in the unit for 1 year.What's the procedure to buy a second one and repeat the process?Do I have to r...
Richard Moreno
Refinancing with no seasoning period
My friend has a property he is rehabbing in Detroit and we are at seeing if there is other options to refinance other than private lender. Is there a bank or CU that will refi without seasoning period? Or is that even...
Ken Sanders
How do I get rid of worthless real estate?
A few years ago I purchased a vacant residential lot in my personal name. I won’t post too many details, because I don’t want to obscure the true issue at hand. All I’ll say is that the property is worthless. Complete...
Dracy Campbell
2 clients seeking 2 long term rental homes in Dallas Texas
Good morning Bigger Pockets,
I have 2 clients in Dallas, Texas area interested in renting a home under a rent to own agreement. Their maximum rent is $1900/mo & $1800/mo and they would like to be moved by 4/15/21...
Aaron Jernigan
23 yr old HUNGRY investor looking to execute BRRR strategy
Hello community! I am a 23yr old aspiring RE investor. This summer i secured my first property though the Home Ready program (a 5bdrm/3bath SFR) that i am house hacking by renting out to college student in the Atlanta...
Joemade Scott Carter
Deal Financing
Has anyone worked with DoHardMoney? I'm a newbie looking to finance my first deal. Any feedback is welcomed. Thank you!