Lindsay Conway
BEST WAY TO USE MONEY AND LEVERAGE
So wondering what the best way is to use my cash and lines of credit and Mortgage?Currently, I have 4 properties. I started out using my cash and I'm questioning if that was the right decision. So i bought a duplex al...
Amit Chawla
Shortest BRRRR Seasoning Period
HI BP,
Im sure this has been covered already but I am looking for some lenders in Ohio who would be willing to do a shorter seasoning period than 6 months on a BRRRR. The property in question is a 12 (possibly 13) u...
Chase Gochnauer
Line of Credit on properties with no liens
Hello all,I own approximately 8 SFHs as long as a commercial building(my office), with no liens. Market value around $600k-$700k. I'm looking to take out some lines of credits to purchase additional properties, or use...
Eddie Wright
Whosaling - talking to sellers
Hey BP fam, I have a question. I have not completed my first deal yet. When meeting with the seller after the purchase price has been met, do you read and go over the purchase and sale agreement with them, or let them...
Jason Risley
Looking for a HELOC! Need common-sense underwriting!
My primary residence is worth between $775K and $800K. I'm a realtor so that value should be very close to accurate. I have a first loan at $384K and I'm looking to get a HELOC (home equity line of credit) for between...
Scott Bartlett
Accounting Questions
I've done a few searches here, and I think I have a pretty good idea of what I need to do.
I purchased my first rental property about 45 Days ago and I'm still renovating the property.
I purchased the distressed REO...
Andrew DeWeerd
Multiple properties on single deed
Hey everyone! I just purchased 2.5 lots that were put together by seller (through quitclaim) prior to closing to be sold to me on a single warranty deed. Between it all, the half lot has an actual street address (...
Kevin Hurricane Hudson
Using a credit line and paying it back
I'm in the process of acquiring a credit line on a property. I'll have a $200K credit line soon. I know I could do a BRRR with a property under $200K but what if the property is over the $200K mark. How best do I...
A.J. D'Asaro
Ready to Buy Second Property in Chicago
Hey Guys, A.J. D'Asaro here, new investor in Chicago, stumbled in here just like I stumbled into real estate 2 years ago.I moved to Logan Square in 2014 and decided to purchase a 3-unit over a condo. Best decision eve...
Josh Cook
Duplex Inspections in MN
Hi I just had my offer accepted for my first duplex! I plan to house hack. I'm getting a home inspection, radon testing, and a sewer line inspection. Do investors typically get all of these inspections or is this over...