I purchased a sfh rental 6months ago all cash through my LLC (to protect myself) and now all the lenders in the area say they will not do a cash out refi. for an LLC. I will have to deed the property back to myself an...
I currently have one rental property that has about 70k equity (worth 170, owe 97). I would like to start building my portfolio by adding some small multi-family units and will need to pull the cash from here to do so...
In the mid 2000s I did a few buy-renovate-refinance deals where i cashed-out after the renovation was done, rolling the repair costs in to mortgage. However last year I tried to do a cash out refinance on an investm...
Short version. April purchased a 3 year old home. Foreclosure the previous owner gutted on his way out. Will be finished in 2-3 weeks. All done through personal cash. Should appraise for $125kish. Rural northern Michi...
Hello all: With many of the stories on Bigger Pockets, it seems that there are some states, and when narrowed down certain cities, in the U.S. that owning and renting out residential properties can consistently do ver...
I've read/heard that doing a cash out refinance post 1031 exchange can allow you to tap equity tax free. But does it really?It seems you can also not deduct the interest expense tied to the cash you just took out, UNL...
I have a paid off property I want to use as leverage to buy another. What do feel is the better leverage option?Cash out Refi- Locked rate, lower payments, higher fees & closing costs, can only draw cash once. vs-...
My wife and I bought a home in Clairemont (San Diego) back in 2011 for $330,000. Now it's probably worth close to $550-600k. I'm trying to get my foot in the door to invest in real estate. The option I have now is pul...
Hey BP,I have a friend who owns tons of land free & clear..it's been in his family for decades. The land is "landlocked" by other parcels of land around him...so there's not much access to it. The government has e...
hello I'm new to this site. Does anybody have experience with accessing equity from rental property? I'm looking for cash out refi on 2 single family long term rentals in Aurora, CO. These properties are free and clea...