Considering purchasing my first property potentially using a HELOC as a down payment for a traditional loan. More than likely something that does not need work, so not a BRRRR. I understand that I could use the HELOC ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in St. Louis.
Purchase price: $230,000
Cash invested: $56,000
Contributors:
Sarah Zierer
Solid duplex in Sout...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in St. Louis.
Purchase price: $230,000
Cash invested: $56,000
Contributors:
Sarah Zierer
Solid duplex in Sout...
I just closed on a 4 bed 1.5 bath in Roanoke, Va. The purchase price was 61k and I put 25% down. I got the loan through a local credit union. My payment including taxes and insurance is $397 per month and I believ...
There's one thing I still don't get it with 1031 Exchange. Lets say your equity in the rental property is 25%. So remaining mortgage debt is 75%.If I do 1031, I need to reinvest the whole 100% from the transaction. Th...
I bought 2 rental properties with my Home Equity Loan. I'd like to refinance those two and put them on their own mortgages and get my money back so I can repeat the process. Is it possible to get a new mortgage on a h...
Hi all,
I would like to ask about refinancing from BRRRR.
Hypothetically, I buy the house at 50k. I rehab for 20k. So, I put 70k cash in this house. Now new valuation (ARV) becomes 100k. So, when I go and refinance...
So my wife and I have made the decision to start a real estate investing company. I have done tons of research and so excited to get started. I have a few questions below, please give me some feedback ! 1. Is it a sm...
I'd like to understand when and how different values of return should be utilized and interpreted. After much reading, I have come up with the following (excluding COC and Cap Rate for this discussion, since I believe...
Hi BP members,Last year, I partnered up with my family and bought a $700,000 triplex with a 30-year fixed rate conventional loan. Took a loan of $525,000. I also have a conventional loan on my primary residence. Me an...