Hello, I have a HELOC on a property I have been renting out for a few months now. My bank said since it's no longer my primary residence, my withdraw period ended and I can only pay down and no longer have a LOC. The...
Hi All!
I recently have our first property under contract and we were able to find out that the house had a lien on it due to it accruing fines from the city when it was under foreclosure. The person that I am purcha...
I am currently doing the math on my first BRRRR that is looking like it has real potential. During the seasoning period, through hard money financial and higher interest rates, it looks like I might be operating at a ...
I have been reaching out to local banks and credit unions in the Pittsburgh PA area in search of anyone who will do a cash out refinance at the currently appraised value without needing a full year of seasoning. I hav...
About 11 years ago I purchased a NNN Ground Lease with a couple of friends. 6% CAP | Corp Backed National Tenant | 10% rent bumps every 5 years | High Income Zip CodeIt had a fresh 15 year NNN lease in place when we p...
Just curious, but when you're posting your MTRs, do you strictly keep to 30+ days or do you allow 1 week stays (or even weekends) as well to fill gaps?Taylor
Hello, i’ve been hearing different investors talk about a seasoning period when refinancing out of hard money during the BRRRR process. can anyone help me dive a little deeper on what this is/mean?
I am about to close a deal that has enormous potential and could create a bidding war due to amazing location. Even an opportunity to tear down house and build multifamily to make massive cash flow. Gas station right ...
Hey BP!
I recently secured the contract on my first auction/foreclosure property as the highest bidder! Super excited, and I'm now in the process of getting all my ducks in a row for closing. The property is locate...
Hey BP!I have a quick flip I'd like to do, I'm buying 30% under fmv and want to turn around and sell this baby asap within 2 months max!I need to buy this property RIGHT in order to avoid any seasoning periods as this...