We are brand new at this, outright own our own house right now which we are going to move out of and use as a rental income. We considered getting a home equity loan to take out 50k of the house to push towards our ne...
Hello,
I'm having some trouble deciding which path I'd like to take on purchasing my first home. I had been planning to do a basement househack and in the area I am living it that would mean purchasing a house with a...
Hello BP family! I am trying to solve a situation for one of my clients in New Jersey. They currently owe $26,000 in municipal taxes. They own there house free and clear and would like to remain in it. They don't have...
I just inherited a property in Wilmington, NC which I would like to use as an investment property. The property does not have a mortgage. I need to make repairs to the home prior to renting it out (~$15,000). I am loo...
Hello, I'm new to the platform and have a newbie question. So I've been in my primary home for 2.5years. When I bought it, interest rates were really good so I ended with an interest rate of 2.83%. I also did some reh...
Hello All,I'm looking to use an open HELOC on my primary to fund the purchase of my first property. We have a $200k line with a 1.99% apr until July 2020. My initial thought was to BRRR the first property all in, incl...
I have heard the major cons about investing in townhomes but this area is close to the galleria and med center. I am not as familiar with this area so I thought I would ask the group. The property is 2b/2b 1100 sq fee...
In commercial multifamily, value add opportunities may allow for a cash out refinance that helps cover the downpayment towards the next property. In this way, people scale their portfolio probably more quickly than th...
I lifelong friend has been renting his house here in Illinois for the last 5 years but lives in Arizona. He is willing to sell me his Illinois home for cost. He's currently checking with his mortgage company to see ...
Hello, BP friends. A group of four, myself included, are looking to form an entity and break into REI in NE Ohio. We're close friends in our mid-30s, raised and residing in the area, all involved in our careers, but ...