Anthony Mikolich
HELOCs and Rental Property
Hello All, I am about to turn my primary residence of the last 23 years into a rental property. I am hiring a property manager and moving out of state. I have substantial equity in the house and am looking at a ver...
Qusay F.
Introduction from NYC to Buffalo
Hello Everyone,My name is Qusay and I am from New York City and just moved to Buffalo, NY a few months ago. I worked at a large investment firm in Manhattan for 7 years before venturing out on my own. I am looking to ...
AJ Wong
Homes Prices up nearly 50% since the pandemic - How to cash out and reinvest equity
There was a fantastic recent BP Blog about home prices being up nearly 50% (47%) since 2020. Recently several of my investor clients have leveraged equity in their primary or investment properties as down payments for...
Guevara M.
Hello! From South Texas.........
Hello everyone! I am new to this forum & the is the first one I have joined in regards to real estate. I live in Corpus Christi, TX & I am a helicopter engine mechanic for the Corpus Christi Army Depot. I ...
Andrew R.
Investing out of state: Use Local or On site lender?
Hi, I'm in California, looking at Texas or Indiana for a SFH rental house. I will finance w/ a conventional mortgage. Is there any advantage to using a mortgage lender here in Calfornia vs using one in Texas (or where...
Tim Palecek
Would you cash-out refi or just refi and wait?
Here's my situation. I am in the process of refinancing my home with the main purpose of dropping PMI and getting a better interest rate. It is a 30 year fixed locked at 3.99%. The appraisal came in slightly higher...
Matthew Powell
First attempt on MTR
I need some assistance with funding a MTR deal. Had a partner that had to step away until October, but I don't want to miss out on an opportunity. Thinking about FHA. The seller may be willing to Seller-Fi a small por...
Matthew Wikler
Buy all cash, rehab, cash-out refinance, rent?
I am currently considering the following path for a potential investment:
* Purchase a condo (~$150k) all cash, 30 days to close (MV around $160k)* Closing costs roughly $5k* Put $15k into rehab (~$190k ARV)* Cash-ou...
Tom Beckett
Wholesaler in UT
Previous investor getting back in the market. Currently seeking a strong team to help build portfolio quickly in Utah. If you are a wholesaler and have a fix and flip under contract please send me the details.Have bee...
Gaurav A.
Renovation loan: Lender referrals needed
BP folks, I am thinking of investing in a Quadplex which will cost about 150K and another 40K in renovations? Can I get a loan on 190K with 25% down? Are there lenders and banks who provide renovations loans? Please ...