Stephen Brieloff
HELOC - how to make numbers work with a second mortgage
I have owned my primary residence for over 2 years now and have been toying with the idea of a HELOC in order to leverage those funds to invest in another real estate opportunity. The challenge I am having is that the...
AJ Wong
When there is blood in the banks buy Real Estate
Isn't it ironic how the one time borrowers got a 'leg up' in the form ridiculously low interest rate mortgages that those same 'assets' are partially what is behind the collapse of several significant US banks and bey...
Matthew Bayne
Should I use a HELOC or wait
Hello all, this is my first post on Bigger Pockets and was just wondering if anyone has any advice for me.
I'm currently live in a SFH I bought in California back in 2015. I still have a mortgage on the house but I ...
Tim OConnor
Owner Occupied 4 Unit Apartment Complex - Financing?? Help!
Hi everyone,I have found a 4 unit apartment complex that is in a desirable neighborhood and passes th 50% and 2% rule. My question: Can I finance this using FHA (3.5% DP) and get a 30 year fixed interest rate? I know ...
Timothy Gurule
Is my Apartment deal Ethical?
I have a plan to scale up my investing but I am struggling with trying to decide if my plan is ethical. I am looking for input in order to take the next step or not.
My Father has a friend who is retired and living ...
Cam Jimmy
Need advice on what my next move should be
Hello, I am currently a low experienced buy and hold investor. I own 1 duplex in my area that is only breaking even (possibly cash flowing a little bit during the summer months) with maybe $25,000 in equity. I just pu...
Jacoby Atako
Does being condo make this a bad deal? What am I not taking into
I came across a deal that I ultimately passed on for a couple of reasons, but I want to know if I am overlooking what could have been a strong deal. It was a condo, short sell, bank approved price of $105k. Needed ...
Justin Smith
Newbie from Fairhope, Alabama
Greetings from Fairhope, Alabama!My name is Justin and I've recently relocated to Fairhope with my family. I currently own two rental residential properties, but they are reluctant landlord situations so I'm planning ...
Jeffrey Gordon
Applying the 50% rule to determine value
2% - 50% rule Question
Hi folks, I have heard this rule this week for the first time (THANKS) and have been reading all the forum posts I can find about how it is used to screen etc. Will bevery helpful in convinci...
Robert Mayo
REIT accounting - COGS and margin
Hi. I'm trying to compare some of the private deals mentioned here with public REITs.
Looking up the income statements for Equity Residential (trades as EQR) I find a line for cost-of-goods-sold. What is this for...