We are currently evaluating REI opportunities. AFAIK, you need to put 20% down unless you are using house hack. I am curious to learn any other approaches you used to purchase your buy and hold rental and how did find...
Unfortunately I've been on a bit of a hiatus since my last post. Below is a brief walk through of my journey in purchasing my third single family rental in Memphis, TN. I made plenty of mistakes when I made my first t...
This is my question, I am looking at these two products, what are your thoughts?
Fixed-Rate Equity Loan
The best part about our Fixed-Rate Equity Loan is stability. This is a great option if you’re in need of a spec...
I’m 21 year old, I don’t have a whole lot saved up unfortunately, about $5,000 cash and $12k i’m my 401k, I was wanting to talk to my parents about a HELOC on there property to try and help me out with my first one. A...
Hello BP, Our contractor is wrapping up the rehab on our very first BRRRR and I was wondering what would be the best way to get the property transferred from our names to our newly created LLC. We still have to refin...
So I have a 4 unit property that me and my fiancée have lived in for a year. Our plan is to refinance our fha loan into a conventional w/cash out loan. We are trying to waiting until early spring for the comps in our ...
Hi all, This is my first post here and this is the first time my wife and I are investing in a multi-family house. Sorry for the newbie questions:1. Investment Thesis: My wife and I own a small e-commerce store. It co...
Hi all. My account has been open for almost a year, but over the last 4 or 5 months, real estate has become my passion/hobby. Frequently fall asleep with one airpod in my ear streaming BP podcast and my phone in one h...
Is there a better way to go about this? Here's what we are planning to FINALLY become real estate investors:1) Cash out Refi on our current home 2) Rent out our current home3) Use the cash out to buy a new home to li...
Does anyone have any experience with interest only loans for home purchase?