All Forum Posts by: Joshua Bautista

Just swinging for the fences here

• Portfolio Loan or Blanket Loan: Use the combined equity of both properties to secure a new loan. This allows you to access funds while keeping your existing mortgages intact.
• Second Mortgage: Explore lenders who offer second-position loans on investment properties, though rates will be higher.
• Cash-Out HELOC : While traditional banks often restrict HELOCs on non-owner-occupied properties, some portfolio or private lenders may offer HELOCs for investors.

With $15-20K in liquid funds, look for deals where you can negotiate terms:

• Seller Financing: Negotiate lower down payments or interest-only periods.
• Subject-To Financing: Assume the seller’s existing mortgage while covering the down payment.
• Lease-to-Own: Lock in the purchase price while using rental income to build equity.

Might have to do a joint venture.  I might have a partnership opportunity for you in San Diego but still gotta figure out some details.  An owner of the home is looking for someone that can provide some show money.  Ill shoot you a message

1. Cash out refi only if the rental income significantly exceeds the monthly payment and you want liquidity to invest elsewhere.

2.You can maybe do a HELOC if you want a smaller loan that doesn't involve refinancing the entire house.

3. If you have cash on hand to fund the rehab and want to extract it soon after the project is done, you can use delayed financing. You pay for the basement reno out of pocket and cash out immediately...instead of waiting for 6-12 months

It might be just me... but I don't think long term rental might be the move here. What is the detail of the home? Is it single level? Might have to be more creative or use STR

Literally just swinging at this.  Not sure if this is the move haha!

• HELOC monthly payment on $68K: ~$300 (depends on your rate and term).
• Lease payment from brother: $800/month.
• Future mortgage (refinance $68K over 30 years at 6%): ~$400/month

Where my market is, STR is definitely slower in the winter time. My buddy almost always does MTR and if there isn't any bookings then he will do an STR. Where are you located at?

Hey guys! Welcome to BP. Really excited about this opportunity. I know your goal is to BRRR. Do you guys have a current home? Is it owned or are you renting it?

Hey guys, I am opening a senior care home and I am choosing between independent living and assisted living. I was wondering if someone would be kind enough to share their balance sheet with me because I am trying to see if it makes sense to do it.

In addition, I have a partnership opportunity in which we have a pre inspected/renovated home that adheres to the assisted living regulations and the owner is looking for a partner that can provide the show money (will not be used) to the banks. The owner has one other facility that she is currently managing and her money is tied up on that one.