Jason Fraser
Offer structure advice needed
I wanted to pick the BP community brain to see how would structure a deal.I have seller with a FSBO. Vacant.ARV $325kAsking for $60kOwes $230kMonthly mortgage $1300Wants $10k for immediate needsRepairs will probably...
Ryan DeLeon
Paying off mortgage soon... next steps??
I am asking this on behalf of my parents. After years and years of paying a mortgage, my parents are about 6 months out from paying off their mortgage (Woohoo!). With their new grandbaby, they are looking to move up c...
William Neagle
Trouble finding HML for new construction in Dewey, Az
Ive managed to get an entitled parcel under contract with a subordinate agreement and I'd like to use the 1st position to obtain some cash to fund the construction. I'm desperately trying to not pull out of my severel...
Mike Minigell
Getting into it with capital on hand advice
Hello all, first post here. I have read a few books from here and talked to a few folks around. I am currently an active duty Marine and will be transitioning out within the next few years. I would like to purchase m...
Jason Simon
Cash out refi or conventional loan?
Hi all, Would appreciate any advice as I’m relatively new to REI. I have two properties now, each with about 200k in equity. One is cash flow positive one is not. I’m thinking about a cash out refinancing on the prop...
Jeremy D.
LOC vs mortgage
Hi everyone,
I'm in the process of refinancing a mortgage and would like to hear your opinions on these two options.
For illustration purposes let's say the mortgage balance is $30k and I'm going to ref...
Dustin Sanders
HELOC for Self Employed (No W-2 Income)
Hey All,I’m interested in understanding what my HELOC options to potentially buy more real estate or to use for business purposes. I just recently got laid off from my job about a week ago though I am actively intervi...
Alberto Izarraraz
Los Angeles - Trying to get Started
Hi Everyone,I've been reading a lot about investing here and it has been great. The part that is difficult is my location.My current issues are these. I only have $13k saved up and I live in a very expensive market, L...
Kent R.
Wholesaling Lease Options
In reviewing how to wholesale a Lease Option, how do you get the Seller to not require an option fee from you?
You are asking the Buyer to provide you with at least a 3% Consideration Fee that you keep, yet you don...
Nathaniel Walker
Real Estate Investing
As far as starting out with Lease Optioning, is it better to sandwich lease a deal or to get a SFH where I would need to find a partner to cover most of the 20% down payment for the loan? Thank you