Chad Jones
HELOC to fund a rehab?
28 January 2025 | 11 replies
Quote from @Daniel Tanasa: Another option is to get a small cash out refinance from the house you plan on fixing up, if is in financeable condition, and use that to fix it up, while still cash flowing.
Tim Brinsek
Analyzing a Deal with Private Money Covering Part of the DP
28 January 2025 | 1 reply
He get's principal and simple interest payments over a number of years.I'll manage the deal and the property.Looking to create a proforma for this that would fit a typical rental analysis but insert the detail of having private money cover the DP.
Randall Gonzalez
10K Club Jerry Norton - Who's in?
13 January 2025 | 18 replies
I've got a good amount of deals I could probably send him to get the 10k each, assuming they fit his criteria, they don't fit mine.
Owen Wang
Looking to learn more about being a realtor
28 January 2025 | 6 replies
I know a young lady that just did that in my market, so she was licensed just days after her birthday.What are you planning to do with the license?
Jerryian Francois
CA N I US E A 203 K To Fund A Rehab In
28 January 2025 | 7 replies
That could make financing the rehab a little smoother.3.FHA 203(k): If the rehab costs and scope fit within the FHA guidelines, refinancing into a 203(k) loan could work.
Jamison Shaw
Always willing to Learn In Kansas City
27 January 2025 | 8 replies
I would like to start close to home as I plan to self manage the rental side of it.
Hector Romero
Financing and Planning Additional Units (Young Investors)
13 January 2025 | 2 replies
Hello all, I am new to the community as well as being the lead in real estate investments.My sister and I currently hold 3 properties next to each other in Riverside County, California (we'd like to get them in an LLC...
Jacob Havlovick
Duplex House Hack
22 January 2025 | 8 replies
@Jacob HavlovickBigger Pockets is a great place to find a real estate tax accountant.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
Jim Stanley
Worth it to use insurance for a repair.
23 January 2025 | 9 replies
My rental condo in Asheville, NC was spared damage from the flood, but when the city finally turned the water back on a few days ago, they somehow overpressurized and blew out a fitting inside a wall.