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13 November 2024 | 23 replies
This is the main difference in commercial vs residential.
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11 December 2024 | 3 replies
I have decided to look into a heloc, I'm a bit newer into realest state investing, I have completed a couple of fix%flips this year, I currently use hard money for the purchase with 10% down and I cover 100% of the rehab, with that said even just doing a couple of homes at a time, I find myself around 200k out of pocket, I think it would be a bit easier on myself and wife if we utilized a heloc vs just cash, my primary should appraise around 1.1m and my mortgage is 640k, I'm looking at pulling about 250k for a heloc, I don't want to refi the home and cash out as I only want to pay interest on funds as I use them ( I know I won't always be using the heloc cash) Any advice or even knowledge for people in a similar situation, and anyone have a referral for a Heloc?
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12 November 2024 | 2 replies
What I cannot endorse is the misleading presentations by some cost segregation companies to sell their services.
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12 November 2024 | 11 replies
If they have a good roof, I use a company that used to send someone out to do a roof inspection (at no cost to me).
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17 November 2024 | 13 replies
The deal is just too odd and risky to pursue for me.
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15 November 2024 | 1 reply
I am considering seller finance or subject to, because the listing is near expiration.
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13 November 2024 | 2 replies
If I don't make the repairs to the MH I won't be able to rent it at all.
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15 November 2024 | 2 replies
Be sure you have registered ALL your Corporations and LLCs by December 31, 2024Failure to file is a $500/day/entity fine!
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10 November 2024 | 5 replies
Welcome to BP, Greg.