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Hi everyone.. I'm a newbie, still getting my footing in RE. I am interested in purchasing performing and non performing notes.example: on 1st position LeinPriced at 15,000.00original balance of 30,800.00Principle of 2...
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Hello all,I am currently working on a VA cash out (100%). Unfortunately, I got a really bad appraisal, probably about 15% low. I was considering going with another bank and trying my luck on another appraisal. However...
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Hello all,I'd like some advice from the group of experienced investors. Here's my situation in short details:Bought a commercial property for $699K in 2019 through a 1031 exchange which cash flowed beautifully until l...
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There are several posts on this topic but I am still struggling with a clear understanding. From what I have read on BP, it seems like there is no taxes that will need to be paid when one does a cash out refinance. If...
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Next Tuesday I am meeting with an owner of 2 small 6-plex units. They are 1/1 with one of the 12 units being a 2/2, and are all currently rented. The average monthly rental is around $350 (I think, I’ll know more info...
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Interested in hearing about a personal experience related to delayed financing, where an investor teamed up with a bank to pull money out in a relatively short period of time in order to reinvest equity in another pro...
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Does anyone know of banks that will refinance your BRRRR, when you used a hard money lender to buy the property, with no or low docs? Thinking of buying my first BRRRR, and want to make sure I can refinance it. I jus...
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Hello Fellow Members,
I am considering doing a cash-out-refi on 2 of my properties. Assuming my credit and everything else is good, I need to see if others have experienced what i'm experiencing. I want to p...
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Hi Everyone, Hoping to gain some insight. My wife and I ready to start our Real Estate Investing business. We currently have roughly $250K in equity in our home. Cash is tight at the moment so we want to use the equit...
Hey everyone,
Just wanted to see if anyone has had experience with paying cash for a home to combat the competitiveness in today's market then shortly after re-financing to pull out cash to do the same on another pro...