Andrew Rader
Is it smart to use HELOC as a cash offer for investment property?
Hello! I have recently discovered the HELOC tool but was wondering how to best use it. To me, it does not make sense to use for a down payment since the return on the property would have to cover the new loan and HELO...
Alexis Fentress
My First Sub-To Deal
Investment Info:
Single-family residence buy & hold investment in Hardinsburg.
Cash invested: $25,000
Subject-to deal. Purchase price $0; Rehab costs $25,000; Rented for $900/month; Monthly mortgage ...
Anderson Entwistle
Owner occupied vs. non-owner occupied cash out refinancing
When getting a mortgage, there are several more highly leveraged (low down payment / equity) loan products for owner occupied property. Do cash-out refinances have similar benefits (more leverage) when owner occupied?...
David Jensen
When to begin ROI Calculations from Primary Residence to Rental
Hello BP!I’m in the process of determining the best course of action on my rental property, but to make the most informed decision I need to know how/when to calculate my ROI, Cash on Cash Return, etc. I am utilizing...
Tanner Woolley
BRRRR with low capital
My wife and I are eager to get started in RE, but have low capital because of paying off all our student loans and buying a family home (finally done). We want to start by doing a BRRRR out of state (we’re in TX with ...
Brock Holliman
Building New Single Family Homes As Rentals
Attention all readers: Could you please give me your thoughts/feedback on the following idea?I have been building new single family homes for investors. I wanted to find a way that I could boost my investors returns ...
Neddie Smith
BRRRR Calculator - Are some calculations just wrong?
Warning: Newbie questions contained below :)I have been testing the BRRRR Calculator and my train of thought tells me two values should be calculated differently.Calculation 1: Rehab - Total Cash OutlayCurrently this ...
Steve G.
Can a tenant reverse a payment with COZY?
Hey Guys,I am in the process of picking up my second rental property and am looking to streamline the rent collection process. Currently I collect a check from my sole rental but would like to offer electronic payment...
Adam R.
Seller wants 1031- I want seller financing
I am trying to finalize terms on a seller financed deal. The seller wants to do a 1031 exchange and has reservations about seller financing understandably so. I'm considering offering a large down payment(maybe 50%), ...
Bill Couture
Issuing rent receipts for rent payments?
Hello. What are your thoughts on mailing a receipt every time rent is received? I have a resident complaining that I don't mail one after explaining that her cancelled check or money order stub is proof of payment. I ...