I live in Texas and am working  on using the equity in my home to get a loan and construct a garage apartment to rent out and try my hand at land-lording. I understand that most banks like to use this formula: (Value ...

Hey BP,I have read and heard mixed things on Delayed Financing. Initially I was told that when using delayed financing that you were only able to pull back out the original PP amount; obviously not the goal when using...

Looking for general information or advice on using DSCR Loans as a cash out refinancing. If you have used this option before or are a lender who has helped clients with this type of product please comment.
I am looki...

I just purchased my second property last month and im trying to figure out what i can do to get my third property in a shorter amount of time than it took me to get my second. My first property i purchased through my ...

What are the benefits of taking out a hard money loan

I am purchasing my very first deal and trying to decide if I should use a 401K loan or my savings to fund the down payment and closing costs.  With 10% down, the property has a 12% CoC ROI and a 21.5% annualized retur...

What would make this a great deal?View report*This link comes directly from our calculators, based on information input by the member who posted.

Hello, I am going to complete a 1031 exchange for the first time.I recall that I read in a book that most people do not understand the boot rule correctly, and many 1031 QI's implement it incorrectly. Specifically, th...

I have 5 rentals in the Atlanta and Tampa area.  In total they are worth around 1.2M and I have debt on them around 260K. I have talked to a Loan Broker about doing a cash-out refi.  We first talked about a portfolio ...

Hello Everyone,I currently have 2 rental properties averaging $3,300/month in cashflow. I have 1 mortgage in my name (about $1500/month). My income is on the lower side since I have declared smaller amounts since 2022...