Jonathan Ramsuchit
HELOC on free and clear properties
Hey guys,
Let me know if this is possible.
Lets say I have a free and clear property at 100k. Can I get a Heloc for 70% LTV and use that to purchase a 70K property? Now that I own this 70k property free...
Kevin McGevna
Using VA loan in investment properties
My friend and I are new to real estate investing and are looking to partner on a deal. He is military and wants to use his VA loan to help us start. I want to know if anyone with some more experience and knowledge can...
Chris Schorre
Tearing down house to build duplex. Can I do 1031 for Unit B?
Hi everyone, looking for some insight on 1031 exchanges. Here's the scenario and facts. I own a piece of property in Austin and have for more than 5 years. It is my homestead and I have lived in it for all five years....
Shannon Tayllor
Deal Structuring for Back Taxes in California
I found a perfect property - for personal residence that I would really like to own. Need some good advice.List price is $575K and three recent sales of the exact same townhouse are in the $515 to $532K range, selling...
Robert Arquilla
New job, double salary, but moving family out of state.....
Hello everyone! My wife and I and our 2 young kids currently live in Ohio. My wife is very family oriented and her family as well as my family is 10 minutes away from where we currently live, except for her sister w...
Seth Wilcock
Saint Louis, MO - Turnkey Buy & Hold
Investment Info:
Single-family residence buy & hold investment in Saint Louis.
Purchase price: $62,500
Cash invested: $62,500
Cash purchase. Turnkey rental purchase.
What made you inter...
Jeremy Taggart
House Hack Financing
Okay so last July I bought a triplex with an FHA loan that I'm currently house hacking. I'm looking to do the same thing this year after the 1 year mark and was wondering what my next step could be. Could I get anothe...
Erick Vallejo
Family vs The 2 Year Rule?
Hey BP members! So I've heard a lot about this 2 year rule that some lenders require in order for your rental income to count towards your DTI. My question is, do siblings count towards this "clock"? My younger siblin...
Chris Lichtman
Newbie from Ventura, California
Hello BP Community,
My name is Chris Lichtman, new to real estate investing. I'm originally from South Jersey and moved here just about 2 years ago. My family and I fell in love with the Cali Lifestyle and we would l...
Aaron Davis
Looking at a mobile home park to get to apartments
Hello everyone, I hope that you are going to have a great and successful day in this thing we call real estate. I'm just wanting to throw out what I'm looking at to get ideas and perspectives from others on what I'm l...