Stephanie Lella
How a $500 problem became a $5000 problem
Hi BP,Looking for advice regarding one of my rental houses in baltimore. The original problem that came up in the inspection was that some bricks at the top of the chimney were crumbling. We were told it should only ...
Joshua Nicholas
Tax foreclosure gut rehab questions
Hi everyone, I am faced with a problem I'm hoping some people on BiggerPockets can help me with.I'm looking to buy a 6 family property in my area that is going to be foreclosed on for unpaid taxes. I've negotiated wit...
Keith A.
No HELOCS on rentals in Texas
Well so much for my grande idea. My rentals have been all bought with the heloc on my primary. Well now I’d like to put the equity of my free and clear properties to use. My big idea was to get helocs on those propert...
Ivan Cole
BRRRR - Stuck on financing step!!
My wife and I used cash to buy our first property. We have completed the rehab and have the property leased for 3 years at 1,100/month. House is worth $100,000 and we have $49,000 invested. I have called 7 to 8 banks ...
Shane Moss
Tenant won't sign new lease, but is still sending payment. What to do?
My parents have a tenant that had a lease expire on the last day of the month in August. A few weeks back the tenant expressed interest in a month to month lease, as he was looking to possibly buy a house. During th...
Narinder Gill
Rental property HELOC
Can someone recommend a bank? I have a property free and clear and would like to open up a line of credit on it to buy couple more rental property using HELOC. I’m in CALIFORNIA
Gilbert Lugo
Appraisal came back very low!
Hi, I’m currently in the middle of my second attempt at refinancing out of my FHA but seems as if it has gone south with a low appraisal. I’ve been trying to free up my FHA in order to be able to use it on a larger pr...
John Simerson
Rent doesnt make mortgage in california, should i sell or hold?
Hi, im in San Diego California I have 2 properties one property that rents for $280 less than my mortgage and the other that rents for $800 less than my mortgage. Both have a pmi i could wash away probably in a year. ...
Pete K.
Made a Tax Deed Mistake
Quick Background: I started investing and learning about real estate two years ago. Since then I bought a 3/2 that is cash flowing nicely and purchased my own home with three roommates covering the mortgage for me....
Tomash Gabyak
How to refinance a property that has been "BRRR"er
Property was paid for cash, repairs were made reappraisal is required, Is there a special way to refinance or to pull out equity to re-invest again? I am stuck and am running out of hard cash to repeat the process aga...