Greetings BP,Glad to have been introduced to this community over the last month. I am coming from a classic Dave Ramsey mentality of paying off your house in full before moving on to other real estate investments. I a...
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Hello all,
I just found this site and it looks like a great resource! I hope to learn a lot and contribute more in time.
Anyways I've been learning about real estate investing for the past year now and I've been loo...
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Greetings BP Hive Mind! I hope you are enjoying your New Year's Day. One of my goals for this week is to get prequalified in order to make offers.However, I will be doing so through my LLC, and most of the loan inform...
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With all the Coronavirus inspired loans, backlogged refinance applications, and stalled mortgage applications for purchases, are lenders still taking applications for personal lines of credit? I feel like they may jus...
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My landlord owes $350,000 on a 2 bedroom townhome in the Bay Area (estimated value $830,000).
Based on my current downpayment, and ideal monthly payment, my lender has pre-approved me for $700,000 at this time. Landl...
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Couldn't find a similar discussion.I recently started working on getting my first investment property in the Pensacola, FL area. I have enough cash to put 25% down on a smaller property (30-60K) plus this seems to b...
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If a property is purchased using a Self-Directed IRA, and is retained as rental property, can that property be financed out of the IRA into the company/owner's name with payback of the funds drawn on the IRA? What ru...
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Hi BP,
I am thinking if a husband‘s LLC purchase a property all cash for 100k. Instead of waiting 6 months to refinance for 80% of ARV to pull the cash out. Can the wife purchase the LLC’s property at 130k given she ...
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I used a hard money lender in the Pittsburgh area hardmoneypgh.com. I would like to use them again however I only need a little over 20k to rehab this home and get it rented. The plan is to rehab home, rent it out and...
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Hey All, I purchased a home about a year ago for around $200k, I put close to $90k in fixes and did a historical appraisal that came up to $410k. I borrowed $70k from family and was planning to return it after the ref...