Darina Pogodina
Business Line of Credit vs. Term Loan
Hello BP Family.I have one year old LLC and my company made less then 10K in 2016. I really need to obtain finance to make another purchase. When I ask my bank about business loan they advised to be more specific: "A ...
David Healey
When Should We Consider Not Refi out of an FHA to Conventional?
Complicated Question:We just purchased a Triplex on an FHA in January. We have about 22% equity in the property now and want to refinance out of the FHA into a Conventional product (I believe Freddy Mac will allow us ...
Luke F.
What do you do - No showings without accepted offer
I've recently seen this on two rentals for sale (one a condo, one a duplex). Does it mean the inside is terrible? How do you handle the situation/have handled it before?
Brian Harenberg
Questions about the BRRRR method
I have been listening to the podcasts and learned about the BRRRR method. It makes sense and I get it but I had a clarification question. When you Refinance, I'm assuming that is a cash out refinance. Is that correct?...
Tyler Grein
Funding Deals as a New Investor
Hi everyone! I'm looking for some advice on how to fund properties as a newbie with zero properties.I was very fortunate and closed on my primary residence in the Austin, TX area in January of last year and since then...
Julio Gonzalez
Important Considerations Before Demolition or Renovation
When you are demoing or renovating a building where you tear out HVAC units, lighting, and other components, these assets are considered retired or abandoned from the building. Therefore, the book value of these asset...
Dan M.
Auction property - two years to sell fact or fiction
Hey all! I have a question which I cannot come across the answer in the forums. I have heard that a title company will not insure title from an auction property for two years after the purchase. Is this true and if so...
Tommy Panebianco
Accepting / denying a rental applicant
Hello all… i have a few questions regarding accepting a tenant. Can you ask how long a couple looking to rent one of your properties has been dating?Can you ask how much money a prospective tenant has in the bank? Req...
Sabrina Martinez
Need help with understanding 1031
So my assumption with a 1031 exchange is that if you have a primary residence and you sell it before your two year mark, I thought you could just roll any equity into your next primary as a 1031 to avoid capital gains...
William Hicks
Financing First Investment Property Evansville, In
Hi I'm looking to get into real estate investing in Evansville, In this will be my first home purchase I'm looking to do a house hack I will probably use a FHA loan for financing. For my first property I would ideally...