Janel F.
Cash out refi - in advance or when needed
Curious to learn people's thoughts on this. If you have what you consider to be considerable equity in a property, would you pull cash out in advance in order to take advantage of possible deals or would you wait unti...
Shiv Choythani
50k government salary, no debts, 80k accessible cash.
Good evening BP'ers,
If you were 30 years old on a 50k salary w/ great benefits, no debts with 80k in accessible funds. How would you begin your real estate investment journey with the idea of investing in NYC in wha...
David Lucas
Fannie Mae Cash Out Refinance (Acquisition + Renovation Costs)
Hello BP - I am planning to refinance one of my rentals, I paid cash for the home, and I've been told by one mortgage broker that I can refi 70% of the acquisition price + 70% of all documented renovations. Just wonde...
Keith Fowler
Bought a duplex need another. Cashing out 401k
Here is my thought, I'm going to pay taxes on my 401K sooner or later. I believe I can do a much better job investing that money in property that will increase in value twice as fast as mutual funds + cash flow. Ther...
Brian Naumann
Debt free vs Depreciating dollars when cash flowing
During my education process I've heard of two opposing points of view in regards to debt service when cash flowing rentals; Point One - Pay off debt as fast as possible. The theories I have heard are paying down debt ...
Joey C.
Buy now with cash? Or wait to finance.
I currently have 50-60k to invest in my first rental property. There are many single family homes and condos for sale in my area listed anywhere from 40-70k. Here is where the question arises. I was discharged from ...
Jason Jones
Turned 2 unit multifamily dwelling into cash cow.
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Saint Louis.
Purchase price: $215,000
Cash invested: $15,000
This was a 2 unit multifamily dwelling in a stable and growin...
Jamie Nacht
Potential Appreciation vs Cash Flow - What's more important?
If you have to choose between two markets: one that's showing LOTS OF POTENTIAL FOR APPRECIATION but only moderate cash flow opportunities, or a market that has properties with HIGH CASH FLOW POTENTIAL, but limited op...
Aaron Howard
Escrow deposit of 15% on a cash deal?
Hello BP, Quick question, Im a newbie home flipper and just got my first property under contract. The seller wants 15% as a GFD and im a little nervous about that. If something were to go wrong and i wanted out, i wou...
Chris Sellers
BRRR, Cash out refi for property in LLC
Looking for advice doing a cash out refi on a property owned free and clear, titled in an LLC. Banks I've talked to suggest that I re-title the property in my name, do the refi, then transfer back. I'd rather not do...