Jordan Pothier
What options do I have as a homeowner?
13 December 2018 | 9 replies
@Jordan PothierHi Jordan, my husband and I recently purchased a rental property using a fixed rate HELOC through BB&T.
Dakota Ochoa
Pros and cons of having a real estate license
14 December 2018 | 25 replies
and your volume.. for a volume rehabber who is selling retail in a west coast market for instance Like ours in Portlandia were your average sales price is 500k.. that's a 10 t o 14k savings on each and every flip you do and when you buy depending on how you source you save those dollars going into it.. margins are razor thin.. many times commissions on these higher end homes exceed the profit of the flipper taking all the risk.
Michelle T.
REI lines of credit using credit card cash advances
11 December 2018 | 5 replies
@Michelle T. trust your gut on these things.
Matt Jones
Do you rent to someone without a job but with money in the bank?
12 December 2018 | 32 replies
But they turned out to be too drunk and lazy to look very hard for better employment, other than working p/t at a bar a few nights a week.
Philip Smith
FOI (Fear Of Investment): How to Convince Wife Investing is Safe
23 May 2019 | 34 replies
But do your due diligence to the T to mitigate risk. .
Nalo Coban
USE WHAT I'VE GOT TO GET WHAT I WANT!!!
12 December 2018 | 0 replies
Hello BP family,so here's what I've got going on:1- I have two rental homes that have increased in value (same tenants for years)2- My primary residence has increased in value also4- I have a business for the last 5 yrs but did not produce any income this year (just got out of property mgmt. biz)5- My spouse opened his private practice this year so the business is too new, but he has income (just not a whole lot)6- My mother in law has good credit, same job for 20yrs and wants to buy a home near us and move in it a few yrs later 7- I have a personal friend who's doing wholesale deals8- I'm a P/T realtor who sold a few homes earlier this year, but I really don't want to sell anymore, I want to be an investor8- I have no w2 income as I've tried the stay at home mom thing for the past yearSo I am trying to figure out creative/ strategic ways to get financing so I can buy more real estate/ and try the BRRRR method (stated docs?
Jack B.
Can I rent my house out to my girlfriend then move in with her?
15 December 2018 | 16 replies
Originally posted by @Max T.
James Wise
Are you prepared to do what it take SURVIVE this business?
30 April 2019 | 234 replies
Since I'm held to that expectation by my lenders, I need to be congruent with those expectations regarding the bank's asset (my rental properties).Put in layman's terms, "sh*t rolls downhill."
Aaron Foster
Outside the box Photography Marketing
3 March 2019 | 6 replies
@Andrew Syrios If I get one done before Easter i'll give you an Easter bunny otherwise my next flip with have a t-rex costume i think.