I am trying to get into my first rental by using the house hacking method. In my analysis I am finding it hard that I make a positive cash flow with all expenses included while I am living there. My question is shoul...
Let's say you just completed a renovation project and the appraisal came back higher than you expected for once. You now have an opportunity to pull out a ton of equity with a cash out refi. Would you do this even if ...
I talked to loan rep for an hour this week about using a HELOC on a rental property I own F&C only to find out later that day that they don't do that except for owner occupied homes. I am planning to call some oth...
In the learn something new everyday. Speaking with an attorney today regarding condo foreclosures in DC and if they have a super lien position, the attorney noted a recent case that I found interesting.If the associat...
Hello BP! I am excited to announce that I am embarking on my first real estate deal (wether it goes thru or not is another thing). My contribution to this deal is to provide the financing for the rehab. My initial dis...
Any suggestions would be whole heartedly appreciated.
Hello BP Friends,I have 2 properties under review. Both have a small 14k and 7k loan in 2nd positions from govt agencies. I would like to know if they will survive through a trustee sale?One has a 2nd position lien (b...
I have set up a self-directed IRA account for my real estate investments. I have been approached by an investor/developer to lend second or third position on his projects (which is allowed by my SDIRA custodian as lon...
Good morning everyone!
I have been trying to do research on liens and note investing for the past couple of months, as it seems like a strategy i will venture into, but like to get extremely well informed way before ...
Hey everyone any advice or experience would be appreciated. After starting out first flip we had people approach us wanting to give us money for our next flip. We have identified our next flip and want to figure out a...