Melissa Stanley
Starting with a Friend (LLC?)
28 January 2025 | 6 replies
He has been alongside me on the other deals so I’d like to give him equity/skin in the game and I don’t know how else to do itQuote from @Basit Siddiqi: Getting a property with a partner / friend will not help you from getting hosed on taxes.I wouldn't move forward - You mentioned beng a high income earner so your hourly rate is very high.
Braeden Warg
What to pull permits on
27 January 2025 | 8 replies
I have never pulled a permit for a water heater swap, know no one that has ever pulled a permit for a water heater swap, ever seen or heard about one getting red tagged for no permit, and have never had a plumber recommend getting a permit.
Matt Greenfield
Electrical Question: Can I pull wired, Old Work Electrical boxes through new drywall?
29 January 2025 | 1 reply
I think the proper way is to "de-wire" the electric boxes, hang the drywall, pull the wires through the holes, reattach wires into the electric boxes and then push the rewired boxes into the hole from the outside in.
Monty Alston
Need creative advice to pull equity out of my home ?
18 January 2025 | 15 replies
Cancel after you pull, unless you like the tools it offers.
Mike Levene
Most efficient source to pull funds from for a down payment?
23 January 2025 | 7 replies
The way we have done it is to borrow from my 401K, when I pay mine back borrow from hers and repeat this cycle so we always have one we can pull from. 3) This option will be controversial but I have taken out private money loans with family and friends.
Nick D.
Pulling equity out of investment properties under LLC for a DP on a 3-family
17 January 2025 | 14 replies
One has no mortgage, their other has a HELOC for around $20k remaining and is coming to its 10year term that was established before placing with LLC.My predicament is how/best way to pull equity out of either property for a down payment for the 3 family that is valued around $450k.
Kolby Knickerbocker
should I sell a property to pull out $500K and invest it elsewhere?
15 January 2025 | 18 replies
Instead, you could explore pulling equity out through a home equity line of credit (HELOC) or a cash-out refinance.
Akshay Monga
Automating Deal Analysis: Programmatically Pulling MLS Data & Rating Property Conditi
2 January 2025 | 0 replies
I’m exploring ways to automate my deal analysis process and was wondering:1.Is there a way to programmatically pull MLS data?
Roy Gottesdiener
Pulling out equity will kill my cash flow but I want to grow my portfolio
31 December 2024 | 9 replies
I want to refi and pull some of that equity out ($200-$250k) so I can keep growing my portfolio but I'm not sure how to approach it as it would obliterate the cash flow I currently have, and in the current market I won't be able to make up for it with additional properties as they would also have minimal cash flow.
Llamier Guzman
First ever investment property!
26 January 2025 | 1 reply
My credit was pulled twice (currently sitting at a 700+ according to Experian) but I don't know if this would affect my score or anything when it come to actually choosing a property and locking in a rate.