Edwin Saldivar
New Construction of 2 homes then Cash Out Refinance
Hello, i am looking at using a HML to fund my construction of 2 homes. I buy the lot cash, split the lots in 2, and build 2 single family homes. Once my construction is complete, can i do an immediate cash out refinan...
Duke Giordano
Fairly Straigforward Wyoming LLC Recc
Hey Guys,A friend is looking to form a Wyoming LLC for RE syndication investments as an LP (already decided so not really looking for reasons why and why not) and looking for recommendation on firms or websites for th...
Steve Uhlig
Estimating Closing Costs in Pennsylvania
Hello Investors,I am looking at 1-4 unit deals in South East PA outside of Philly. My question is about estimating total settlement costs as the buyer. The settlement charges consist of 2 main categories: closing co...
Michael McCabe
BRRRR Refinance Explanation
Hi BP,I’ve been doing a lot of learning about the realm of real estate the past 6 months and am looking to buy my first deal this year. After studying the BRRRR strategy the one part I’m still slightly confused about ...
Logan Kirchhoff
HOW TO REFINANCE A BRRRR IN LESS THAN 2 MONTHS
New to the game, I have two single families so far. Went conventional on the first with 25% down got creative with a construction loan to fund the second this month. How are you guys refinancing in such quick time fra...
Manson C.
Is Cashout Refinance is a Good Exit Strategy?
Hi,People always talk about how they purchase a rental property, wait a few years for it to appreciate, do a cashout refi to recoup their initial down payment, then whatever they earn in the future is infinite return....
Kevin T.
Landlord to Return Final Month's Rent Money When Re-Rented?
I'm trying to figure out who is correct in a particular situation and hope someone here can help. A tenant in Maryland was on a month-to-month extension of their lease and gave notice on the last day of June that he'...
Derek McGillicuddy
To Sell or Hold Rental property first time investor
Looking for some advice. I bought a rental property(SFH) last year and got a solid deal on it(90k), 10% less than market value and that was with a highly conservative appraiser. The market is heating up around me, I a...
Zachary Wurtz
Hard Money Lender Question
Hello, I am planning to buy my first investment property within the next 6 - 8 months. I was wondering when it comes to finding a hard money lender for rehab costs, is it a general rule to pay for a percentage of the ...
Kobe McDaniel
Let’s Talk Interest and how it works
Obviously, Interest on a property plays a pretty significant role especially during the early portion of the loan. What are some ways of thinking to get around the fact that you may pay much more in interest than you ...