Hi BP,I'm looking for some input regarding refinancing one of my rentals.Background, I have 2 investment properties, one owned in my name and one owned in an entity. The personally owned property has a HELOC against i...
Last week I started an application for a HELOC on my primary residence in metro Atlanta, figuring I was going to have to have cash to compete for the better deals in my investing area. The next day I found out a sell...
I am currently owning a rental property that is generating positive cash flow. It has enough equity that I can cash out if I refinance. However, with current interest rates, I will be paying much more in interest and ...
I'm looking for my first investment property in Chicago markets. I'm interested in higher-than-average income neighborhood, even better with upside possibility (gentrifying). I'm mostly looking at urban, smaller size ...
I’m seeking my first SFH investment in the Oakland country area (Michigan ). I’m wondering if others in this market are content with analyzing 5% CoC or cap rate deals? I’ve put offers down so far in three properties ...
Does anyone have experience successfully closing a deal using seller financing or subject-to in Los Angeles? I am looking to get into a new primary residence, but with interest rates what they are and in this market, ...
I've been reading @Mark Ferguson's website and been thinking about his loan strategy of taking out 5 year ARMs and focusing on paying off the mortgage within 5 years. I know other buy and hold investors in Bigg...
I have been lending funds to a close friend of mine for a rate of 8%. I got a 1099-INT from him to file my tax, which I paid a big portion out of 8% (effectively around 6% after paying the gov). Is there a better wa...
Welcome to A Skeptical Dude’s Take on Real Estate: a weekly frank, hopefully insightful, dive into real estate and financial markets. From one real estate investor to another.
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I've seen a lot of videos and I am still not sure What exactly is refinancing and How does refinancing benefits rental properties? Can somebody tell me please?