Hi everyone, I'm looking to use the Brrrr strategy for my 1st deal but instead of just renting it out I'm wanting to do a lease option/ rent to own to lower my expenses and increase rent and cash flow. I'll be using...
Hello all,I had a few questions for someone who owns a hard money lending practice. I know there's a few folks on here that have HML practices that may be able to chime in:Is it possible to use a business loan that yo...
Hello,I flipped a property. I am unsure if a should cash out and refinance or sale it.Can someone please explain how the cash out refinance works.The ARV is 175k. Does that mean I refinance 80% of the ARV of the prope...
Hello All,I was wondering everyone’s thoughts on this buy and hold strategy. Background: I have a single family deal lined up now to get my foot in the door of real estate investing. I am 26 years old. I work a full t...
Hello all! New investor here, as i was thinking of ways to come up with cash for a down payment i started to wonder has anybody leveraged a credit card for this? I have business credit and have a 50K limit card with 0...
I was wondering what the criteria is on the fifth loan for both the subject property, and on existing investment properties.Furthermore, would it be any different if you are trying to refinance a cash purchase on a fi...
Good day,I trust all is well! I need some advice please! High level info below.....- Purchased 1st investment property (3/1 SFH) with section 8 tenant that had been there for 1 year paying $555/mth rent in Dec 2021....
Hello,I'm curious, I own two separate rental properties. I bought them cash so I have 100% equity in both. They are worth about 40k each. I rent them out for $650 each a month for a total of $1300 a month. Is there an...
When I got home last night I opened the mail and, like most other nights, received several credit card applications. Here are two of them:I have successfully used credit cards such as these in the past to buy real es...
I'm in need of some wisdom from experienced investors. I'm trying to find out which route to take between Portfolio loan, refi, or if there are other options. Here's my situation: Property #1- Single unit commercial b...