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I'm in the middle of pulling out equity from one investment property (HELOC or 2nd mortgage, whichever gives me the best rates and LTV) and then using that money to put a downpayment on a second property, thereby need...
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Can anyone provide any guidance on calculating the cash-on-cash for a BRRRR? If the property generates no cash flow until after the refinance, is it correct to use the 'Cash-out-Refi Amount' as essentially the cash i...
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Hi all!
I'm currently closing on a property in Wenatchee, Wa. The property is currently located in a 100 yr flood zone and I will be carrying flood insurance. Before I finish the basement I want to make every effor...
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Hey everyone,
I’ve been working in real estate for a little bit now, and like many of you, I’ve found that two big challenges keep coming up:
Finding distressed or off-market properties before they get picked up b...
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Hi all,Looking for your favorite way to build marketing list. To preface, I have my real estate license and generally pull a list of presumed high equity(purchased more than 10 years ago), absentee owners in my target...
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6 months ago, I built a crude Google Sheets land search tool with GPT-4 post-processing to transform descriptions into yes/no answers. Within 3 weeks, we had a shortlist of 9 lots and ended up buying one. However, the...
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Hello,
I am a UK citizen/resident who is looking to invest in property within the United States. I have a local partner there who is a US citizen/resident and we would like to go in it together i.e. split the...
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Hey Guys,I registered for this site a while ago and life took me in a different direction, but I have returned to real estate, and made my first deal!Now this isn't a glamorous deal, but I bought my first pre-construc...
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I am at the BRRRR stage in my current rental project. I also have a property that I want to refi and pull out equity.
A lender I have used before has no interest in cash-out right now due to portfolio risk of COVID-...
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I currently have 75 properties and can’t decide whether Buildium, AppFolio , Rentec or some other platform is best for me I want to be able to collect rent , manage maintenance, communicate with tenants and vendors , ...