Jacob Klein
HVAC and Real Estate
We own an HVAC business. But my wife and I have started studying for our real estate exam. We have the HVAC business streamlined very well and have a lot of time on our hands most of the year. And I would like to get ...
Mark S.
Conventus: Anyone Work With Them?
I’m considering a few DSCR lenders. I’ve narrowed it down to about 3. Conventus is one of them. I’m wondering if anyone has any experience working with them. Online reviews seem pretty good for the most part from ...
Mitzi Castiglione
Our first BRRR and it was a success!
Purchase price: $58k cash, Renovations and holding costs $10k. Appraised $128K (lower than I expected, but market is tightening up). Cash out $96K.Rented at $1200/ mo. Only on the market for 1 week. My Before pi...
Daria B.
Sold SFR w/depreciable asset - only 6 of 27 yrs in....
Hi,I recently ( yesterday :-} ) sold my rental unit (doing a 1031x). I owned the unit for many years and the units depreciation itself was already nearing the end of the depreciation. However, the flooring was just in...
Dalwin Garcia
HML on a multi-family and refi cash out after
What's going on everyone!Looking for some advice/guidance here. We're going to be exploring HML soon. I've heard of people using HML to purchase and rehab a house and then refi out to pay off the HML. But has anyone e...
Russell Buxton
$1million in equity - looking to leverage -advice
I am sitting on $1million in equity in six rental properties I own free and clear. I have high income and generate $150k in excess earnings per year which I used over the last few years to build my investment portfol...
Morgan Carmichael
Suggested website / search engines for foreclosures in Kansas
I have found a couple websites and search engines that all pretty much require paymemt. I am looking for recommendations before i decide to sign up and pay. Thanks
Nicholas Lohr
Which factors into DTI? What I make or what my LLC makes?
Quick questions about DTI. My LLC, which is a separate business from anything real estate related, consistently makes about $3,500 a week in profit, but as the sole member and owner of my LLC I am on the payroll at $1...
Gabe Mercer
Newbie: What credit score do you need to get financing for house flipping?
Hey, I'm only a week into learning about REI and I have been actively reading BP to find out as much as I can about investing, particularly about flipping properties. I've seen several questions/answers by other membe...
Spencer Smalley
Lending Question! - HELOCs
I had a friend who has worked in the lending business for a long time give me an interesting idea. However, I’ve never heard of it, and I want to make sure I’m not missing something.First off, I'm just getting started...