Aldwin De Torres
VERY new REI from San Jose, CA
Hey everyone! This place is amazing! I wish this was around 10 years ago (I'm 33 now). Background: I was always interested in accumulating wealth at a young age, but fell victim to the cookie cutter mentality of 1) go...
Zachary Phelan
Creative finance with 50k equity and $400 a month cash flow Alabama
First good creative finance deal in negotiation! Seller needs some equity to pay medical bills. I don't have all the capital and now have to find a $ partner. Comps and lender appraisal puts property at 218k(1 month a...
Patrick Perez
Need Advice on Appreciating Unit with Negative Cash Flow
Greetings BPers,I have another post outlining my decision to sell my 2/2 condo. A majority of BPers said sell and get another property (in short it was not cash flowing as much as I expected and a few water leaks last...
Scott Choppin
Apartment Financial Underwriting - Part 2 of a 2 Part Series
Continuation from Part 1 of this series: https://www.biggerpockets.com/forums/44/topics/723267-apartment-financial-underwriting-part-1-of-a-2-part-seriesApartment Financial Underwriting - Part 2 of a 2 Part SeriesInve...
Jay Clegg
Seller wants to sell without agent
I have a prospect who has finally contacted me and wants to sell to me with the terms through title only and no agent involvement. She will cover all inspections. The property comes fully furnished as well.I have requ...
Deangelo Mack
Help Me Please Vet This one
I need some help vetting this wholesale deal. Im dealing with a seller whom wants 75k for his home. The ARV is some where between 120-130. No mortgage or other liens. 1000 earnest. He already has had the home appraise...
Bismarck Chiang
Selling my distressed home what should I do with my equity?
Hello, my name is Bismarck, I currently live in a distressed home in CA. I have $105,000 in equity. I was recently approached by a buyer willing to buy us out in cash. I also want to buy a new cheaper/smaller home for...
Kevin Charles
HELOC vs Home Equity Loan vs Cash Out refinance
Hello BP,
So I have a sfh rental property that I am expecting to pay off fully in a few months. My plan is to use the equity in the rental to purchase additional rental property. What is the best way to pull cash ou...
Larry Fullard
WHAT TO DO WITH ALL THIS EQUITY
Hello! Wanted some opinions on the best way to use the equity that has accumulated for RE growth, i have about 400K in equity and want to buy more RE for cash flow. Should i cash out refi? My mortgage payment will inc...
Brendan Murphy
Should I create an LLC to handle my seller finance deals?
I wanted to get the opinion of some of my BP family. I currently have a portfolio of rental properties and I have negotiated the sale of one using owner financing. I currently hold these homes under an LLC. Since I am...