Eric Killian
Creative Financing Strategy - Am I missing sometihng?
Trying to learn more about the HELOC strategy but might be missing something. Say I use a HELOC on primary residence to purchase a rental investment property all in cash so the equity is 100% in the investment propert...
Hung Dao
Buying a house with power lines running through the backyard
I'm looking to buy a rental property and there is one house which numbers seem to add up for my scenario except for one thing: there are high voltage power lines running through the lot (more on the backyard and less ...
Rocky Lalvani
What’s fair for repairs on move out?
I have read some different responses on what to charge for when tenants leave.I have 2 tenants leaving this month. For the one they were there a year and had some minor paint damage / holes. Cost of repair is $150. I...
Joe Riley
First time buyer additional financing
Hello BPC! First time posting and I will keep it short, I have half of the money I believe I need to purchase and flip a home in my area (central Jersey) and am thinking of filling the gap with a home equity loan. Any...
BRETT CUNNINGHAM
Future investors game plan (good idea or bad?)
[size=12][/size] Hey everyone I’m 1 yr realtor/ lo looking to get into the investing side in a few years. I have a plan I’m working on and would appreciate some feedback.
I just started and LLC and am in the process...
Ed L.
Build credit for real estate investing..
Imagine you are the mentor of an 18 year old kid that wants to get into real estate investing but has ZERO credit history.. Pretty much the position I am in.. No authorized user options available.. What would you reco...
Alan Baumann
How to Fix Structures Built on Property Lines
Hi Team,
Occasionally, I find older homes that were built on property lines. This probably happened generations ago when numerous lots were owned by a family, but eventually, smaller plots were passed to heirs. Now...
Lesley Ray
Mortgage Loan Interest Rate
I'm reviewing the terms of my 30-year fixed mortgage and the lender is charging me 6% interest. My credit score is good (800). 6% seems high to me. Has anyone else obtained a similar mortgage recently and can share th...
Justin Koopmans
Creative Financing Ideas for a GREAT Deal! HELP!
Hello everyone!My wife and I have been looking for our first RE purchase for a little while now. But we come from a background of investors so we haven't been looking for that "perfect home," we're looking for the per...
Kelly Douglas
Creative financing opinions
Does anyone have some input on the following.
We've changed the numbers, but the structure is basically the same.
$2,000,0000 real estate contract.
to be paid as followed.
Original downpayment
$25,000 paid in 200...