Simon Koithara
Cash Out Loan/HELOC
Trying to get cash out from investment properties (no loans so far for these houses). I already have 4 mortgages and lenders I contacted will not do a cash out loan since i already have 4 mortgages. How can I get ca...
Pier C.
Add tenant's dad to the lease?
I have a great tenant who's been at the house for 1 1/2 years and is now on a M2M. I recently discovered that his dad has moved in temporarily, though I don't know for how long, after recovering from what I gather was...
John Kamble
Seeking Advice on Potential Loan Occupancy Breach with Sale
Hi BP Community,
My friend is running into what I see as legal issues. The situation is as follows:
She purchased a property as a primary residence and took out a conventional 30 year loan for mortgage on it. There'...
James Goggin
First Real Estate Investment at 21
Investment Info:
Single-family residence buy & hold investment in Phoenix.
Purchase price: $179,400
Cash invested: $500
First home purchase, lived in it for almost 5 years then turned it into a r...
Jason Crowe
Wiring in House Cloth / Non - Grounded
Is there any other way to fix this without rewiring the home to insure as a primary residence? Non-grounded you can put GFCI in breaker box but I dont think this makes it okay for insurance though. Thoughts?
Jennifer Szostkiewicz
HELOC or max out cash refi?
Hello all, I am looking for pro/con advantage/disadvantage to using 1) HELOC or 2) max out the cash refi on our primary home to use towards new rental ventures. By using a HELOC we use what we need as we need it and t...
Cody Lindstrom
Rehab cost estimating in the midwest in 2022
I am posting this with the intent to help new investors, like me, at BP understand where rehab costs are sitting in the midwest today, September 23rd, 2022. We are looking at a possible investment property in our are...
Ahmed Ogunbunmi
House Hacking & The 2% Rule
Greetings BP!
Kicking off my REI journey and as a first timer I'm looking to break into the game through house hacking.
Currently, pursuing a triplex in the Philadelphia market that needs a full gut. In applying th...
Account Closed
Next buy and hold project
Hello guys & gals,I'm almost one month out from having my first property renting and cash flowing in the positive. Super excited about that. Once that's all said and done, I want to get the ball rolling on looking...
Laura K.
Fire a Property Manager if Tenant Signs New Lease in CA
The lease with my tenants ended on 10/31/2015 and is currently on a month to month basis after they have lived there for over a year. They say they are happy and want to renew their lease but with only a $50.00 incre...