Chris K.
Cash out refi with DSCR loan
How long after paying cash for investment home can you do a refi? And can you use a DSCR refi as opposed to conventional?
Frank Adams
REO questions from an old hand
Usually I'm kind of "Mr. Know-It-All, but it's been 15 years since I bought an REO and I'm pretty sure the ground rules have changed a bit.
I'm looking at a couple of SFHs in my area, $150K range, ARVs in the low $20...
Neil Da Silva
FLORIDA FINANCING SEASONING PERIODS
Hey BP!I have a quick flip I'd like to do, I'm buying 30% under fmv and want to turn around and sell this baby asap within 2 months max!I need to buy this property RIGHT in order to avoid any seasoning periods as this...
Sean Phillips
BRRR Refinancing Timeline
Purchased SFR in which I’m planning to BRRR in some way, shape, or form. Quick question in regards to lending guidelines so I don’t trip myself up down the road...When refinancing, there are seasoning period for certa...
James Register
Are Balloon Loans Available Today From Banks and Private Lenders?
I have heard so many different stories about balloon loans. When a borrower signs an agreement to pay interest only for a set period of time and pay the amount due at a set period of time. Say, I borrow $100,000 at 5%...
Joseph Stewart
Gas station / convenience store / liquor store due diligence
Hello! I am close to putting a gas station / convenience store / liquor store under contract. $8M asking price, $3M to business, $5M to the real estate. The sellers are requesting what I consider an unusually short...
Annette Bryante
How to buy bank-owned property in Oregon
I am interested in buying a neighboring property that did NOT sell at auction last week. I called the attorney listed on the Writ of Execution, and they gave me a number for "Select Portfolio," but they had no knowled...
Jeremiah Miller
Home Equity Loan
Hello, I'm just getting started in real estate. I'm learning ways that I can hopefully buy or make a large down payment on my first rental property. A home equity loan or HELOC seem to be my best options right now. Al...
Mary Roberts
Dealer or investor, thelandgeek.com, Podolsky
A vital tax question is whether you are classified as an investor or a dealer. If you have to be a dealer, it is a tax disaster.I've learned a great deal from Mark Podolsky and thelandgeek.com guys. A fine bunch of pe...
Daniel Perez
Buying flip under dba in Texas ?
I am in Texas and would like to buy a fix and flip from a whole seller. I looked into a llc for all future fix and flips but I see there is a 30 day waiting period. I would like to close this deal this weak. Is there ...