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I have 1 property in which I rent out for $1,300 a month, my monthly payments to B of A are 1,046 including PMI (FHA loan which I should have refinanced before I moved out). I am now looking to buy a multi-unit to liv...
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Question for you guys:
You buy lot zoned as residential thinking that at some point you will build a vacation home. You buy the lot with a commercial loan being that its land. After some time you build out vacation ...
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Hello! I am new to BiggerPockets and this is my first post. I would love some insight on refinancing a BRRRR. My husband and I own 4 rental properties that we bought using the old fashioned 25% down method through th...
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What happens to existing HELOC when u refinance? I'm thinking I should take advantage of the all time low rates but if I do will my HELOC have to be reapproved?
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Can someone please explain to me how LTV works within the BRRRR method? I am confused on how I am able to pull my money out of each deal after repairing and refinancing it with LTV loans. Could someone walk me through...
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I am looking at purchasing a property with a house on it with a hard money loan. The house is damaged and I will be demolishing it and rebuilding on it with a duplex or prefab. If it can meet my requisites for renting...
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Hello, all!I’m trying to get a better grasp on HELOCS as it relates to the BRRRR strategy:Let’s say you use a HELOC to buy a property. Once you’ve done the rehab and rent, how exactly does the process of getting your ...
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Hi. I'm exploring an opportunity to buy a MF property of 5-10 units through owner financing. I've have never done owner financing before and wanted to ask for some suggestions or advice on things that I should be look...
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Hi - in the process of refinancing and paying off rental. Thoughts on then transferring the property into an LLC. This would be the first rental and the thought was this would insulate the property from any possible...