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...
Tom Adams
Using Equity to build rental portfolio?
Hi, I have a beachhouse that has approx 750k of equity and am looking at doing 1 or multiple things. At the very least, I will be using this property as a short/medium term rental. Also, I was wondering how/is it a go...
Steven Parker
House Rich, Cash Poor
I purchased a single family house hack in Tacoma Washington February of 2020. Roommates have been covering the mortgage, so I've been able to pay off a lot of my credit card debts. I've been fortunate to benefit from...
Dan Tsunekawa
Any one have experience with Third Axis Investments out of KCMO
I spoke on the phone today with Third Axis Investments out of Kansas City today. They have a slightly different spin on turnkey investing. They source the deals with the investor. They investor puts up money for cash ...
Ibrahim Hughes
What kind of cash on cash return are you landlords/multifam buyers looking for these days?
For those that actually use the CoC rate of return to gauge properties. Thanks in advance.
Joseph Wojciechowski
Scalable Business Planning
I am an investor located in Michigan and in the process of developing a business plan but am struggling to figure out how to set up my LLCs with scalability in mind. Below is a rough outline for both a buy/hold and fl...