Coley B.
Cash Out Refinance vs HELOC for Investment Property
What do YOU prefer - LOC or cash out refinance to pull out equity in a non-owner occupied investment property?I have a long-term buy and hold strategy. I purchased and renovated a multi-family investment property over...
Hyeseong Park
No prepayment penalty vs 3 yrs vs 5 yrs for current market
What is the best option for prepayment penalty you think these days if I want to go with DSCR loans?I assume that there is a big chance that the rate can drop a bit more due to elections at the end of next year so gov...
Will Peters
Presenting Low Offers Without Offending a Seller
Hey BiggerPockets, I recently received a call from a recipient of my direct mail campaign about an off market property and have put myself in position to make an offer. I asked him the lowest price he is willing to ta...
Kevin Kong
What would be better?
Hi I was wondering what would be the best way to prevent a house from flooding other than not buying a house in the flood zone. There is a house in the north suburbs of Chicago in a amazing school district, but its i...
Preddy Skotha
Cash out Primary residence and Payoff rental
Hello - I am a newbie here..i am trying to refinance my primary home and the lender offered to cash out and payoff my rental property. Below are current mortgage and refi detailsprimary home - 15 year/3% fixed / stil...
Erin Butler
Return on money for private money lenders
This is a concept that confuses me, so I'll ask the community.
Obviously- if you have private money on your side, that'll add rocket fuel to your buisness. Here's my question, how does return on investment work for...
Christine Whritenour
Owner financing, IRS Requirement.
I have a property under contract using little money down. The idea is to ask for owner financing without using traditional money, which is my intent. My Broker explained that I probably will not be able to use a zero ...
Hassan E.
$2.35 Million Triplex in Los Angeles
Looking for some input on this deal I'm looking at in Central LA. We've been saving a while to be able to invest in a new construction multi-family. Plan is to house hack for 2-3 years and then rent for full rents. ...
Brian Jackson
Maximize cash-out-refi to pay less interest on rental property
I own my 1.5M primary residence free and clear, and am taking my first steps into being a rental property owner. And have about 5k monthly income I can use to cover negative cashflow.There are no cashflow positive pr...
Gabriel Ramiez
Buying my first property!!
Looking into real estate I want to build up my portfolio however I know that interest rates are high and finding cash flow is even harder tp obtain. I'm planning to buy a property with a ADU to rent out to cover some ...