Frederick Karnoski
New guy over here, need help!
Hi everyone thank you for taking the time to help me. Here’s my situation.. I live in California and purchased my first property on a 4 bedroom house brand new home build, we are the first tenants. -Purchase price- 41...
Aaron Rocha
Cash Out Multiple Choice
I am 31 years old, about to refi, and ready to buy my 2nd property. Hopefully a multi family unit.
My single family house in Denver is worth approximately $250k. I paid $125k. I owe $100k on a 4.65% 30yr fixed. My...
Christian Paulson
Help on my next deal
Hello Everyone,I bought a single-family home in Portsmouth, Virginia for $180k utilizing the VA loan back in 2020. Since then I've rented it out for $1500/mo. I utilize a property manager, so I cashflow about $300/mo....
Tychua G.
What would you do? Single Primary vs Several Rentals
If you started fresh and had $100k to spend, what would you do and why?1) Use it to purchase primary home, keep for 5+ years and then do a cashout refior2) Go straight to buying rentals that may or may not cashflow no...
Michael Bracken
"Howdy" from Dallas! I tip my 🎩 to ya for HELOC advise
Greetings, I would like to raise some money for conventional financing of a duplex or 4 plex.
I have a rental with 110k equity owe 39k 6.5% and a primary residence with 100k equity owe 98k 4.5% 15 year note. If I c...
Walther Mendez
Thinking about becoming a hard money lender with a cashout refi
Hey everyone,My parents are actually looking at this not me. Their primary home is already paid in full (valued at $150k). My parents and I were wondering if taking out a mortgage against their home and using that mon...
Tracie Soder
Guidance on primary residence home equity
I have a HUGE amount of equity (over 1 million) in my primary residence. I am in a great position; however, I am not sure what to do and have thought of a few options:Option 1: Keep home and do nothing; however, I wo...
Michael Wallimann
Offsetting Interest Rate on A HELOC
Hello Bigger Pockets Community! I am a newbie who is getting closer and closer to my first deal. I am shopping small multi family residences at the moment. I have been approved for a HELOC which I will be using for my...
Michael Wallimann
Creative Ways To Offset An Interest Rate
Hello Bigger Pockets Community! I am a newbie who is getting closer and closer to my first deal. I am shopping small multi family residences at the moment. I have been approved for a HELOC which I will be using for my...
Nilo Ignacio
Can I borrow from my rental home equity or re loan in Texas
I have a paid off Rental property, can I take 75-80 of the value of that house?
I thought we can no longer get re equity on investment properties.