Vera Log
Getting a loan on a paid off rental property
Hello fellow investors,I have the following question.We own a rental property (single family home) which was bought at a sheriffs auction and is being rented out currently.The full price was paid for this house, so ...
Jace Buxton
Cash out refinance for down payment on owner-occupied multifamily
Hey BP community,So my wife and I purchased a townhome back in 2015. It was an FHA loan at 3.5%, and we currently owe around 97,000. The Zillow estimate is about 178,000, so we have a decent amount of equity. We are m...
Tyler J.
Whats the worst-case scenario when buying a seller-finance unit?
I have been incredibly interested in buying a seller financed property, mostly now looking at the interest rates.Im also incredibly worried, as this is my first time not doing an FHA loan. What is the worst that could...
James Kennedy
Real Estate Opportunity for $150K on a $600K Home
Hey Bigger Pockets, my wife and I are looking for some advice on some options to approach a opportunity that has presented itself.The GoalBuy this home to leverage the equity in order to buy our first investment prope...
Christopher Whitson
VA Loans don't Qualify for Cash-Out Refi?
First-time poster, here. My wife and I bought our first home, with a VA loan, when I received PCS orders to South Carolina in 2017. Between that time and 2020, I made the decision to separate from the military and gai...
Jessica Yau
How to finance conversion of building to 5 bedroom vacation rental/B&B
We own a farm property (5 acre rose farm) with an existing AirB&B cottage in Sonoma County CA. The property also earns rental income from hosting weddings and other events. We have a beautiful 3,300 sq ft Carriage...
Arturo Fernandez
Strategy: Build A Passive Income By Paying Off Mortgages
Hello,Mortgages take a big chunk of cash flow out of holding a rental property. Assume that each year an investor acquired a triplex or quad. Assume that the cash flow produces 100-200 after mortgage is paid and opera...
Luke Masaschi
What would you do at my current spot
I need some advice, I continue to learn everyday, listen to podcasts, read ect but I still find myself unsure of what to do next.
Basically im 22 I have 3 properties I own that are STR and all BRRRR'S besides one tha...
Lloyd Whyte
Reverse Mortgages; Massachusetts
Hello BP. I have a question in regards to reverse mortgages. What are they? How does it work? I am going to see a property to wholesale tomorrow on the Cape where the homeowner has a reverse mortgage that she is be...
Jesse Grim
New to this and hoping to find some helpful tips
Hello, I am just starting out and have my first property renting out bring back around $900 a month while no maintenance or other issues arise. I didn’t have to put the 25% down since bought it as an investment proper...