Jay Scott
$700k equity 2.7% what to do... Not a real estate guy!
My wife and I own a 5 bed, 4ba 3200sqft on 1 acre in suburbs east of Seattle, bought 2013 for $385k. Refinanced in 2019 at 2.7 with some cash out, house appraised for 1.1 mil at that time, we owe $350k. This is our on...
Scott Russell
Fix and Flip - Need advice keep or sell
Purchased the house with cash (3bd/2bth). The renovation cost was half personal money other half HELOC from other rental. The carry over cost with utilities and HELOC interest payments is about 1k a month. I still hav...
Account Closed
Can I finance this way?
I have off market option for SFR in Medford Oregon for 95k. It is worth at least 210k and needs no work done. I asked a bank what they could do for me. They needed 15% down and closing costs.Is it a common overlay to...
Ken Van Haitsma Jr
Keeping Momentum
I recently finished rehabbing my first rental property in Northwest Indiana and we're expecting security deposit by the end of the week from our first tenant. Since this was my first project, it was a huge learning e...
Jason Garrett
How do I preserve my credit score while investing in real estate?
For years I have had a credit score over 800.Now that I am investing in real estate, it is plummeting. I can’t find any articles or advice on how to preserve my credit score while investing. To understand what is happ...
Austin Swanson
Perfect BRRRR - Detailed Investment Analysis
IntroductionOn 1/31/2020, I purchased my first two rental properties. One of which I just sold last week, on 5/27/2021. The following write-up is a detailed analysis on the numbers, from purchase and closing costs...
Brad Fisher
Best way to access equity to grow a portfolio.
Hi All:As I begin my journey and explore some of the different ways to raise capital for an initial deal, I have run into an interesting question that I would like some advice on from folks that I know are more experi...
Ryan Gibson
Making a final decision—rent or sell my home
Hello, everyone. I've wanted to get into investment properties for some time, but am finally looking to make the switch. I just wanted to run some numbers by everyone and get feedback on if I'm missing anything.First,...
Erick Sembrano
Conventional loan Owner Occupied 2Fam - is low DP ~5% exists?
My wife and I are currently looking for our next house hack and searching for a 2 family in the Greater Boston Area and surrounding cities north of Boston, Massachusetts. Previously when we bought our first owner occu...
Matt B.
Vacation rental financing
I am looking to purchase a vacation home/investment property in Rhode Island. I am currently in NY, my initial idea was to use home equity loan or LOC from my current home for the down payment.
1. Is this a good ide...