Louis Mannikko
Advice on Selling then Buying personal home.
Good morning everyone! Hope you all are having (or will be having) a wonderful day.I am admittedly a newbie at the real estate game. So I am hoping some of you seasoned pros can help me move in the right direction. ...
Marc Possoff
Flipping Houses Risk?
Hi I’m new to the forum and posted before in another topic. We own a house and a lot in Philadelphia. Met with a realtor last week to discuss renting out the house and selling the lot. The realtor strongly suggested a...
Christopher Lombardi
Self Insurance
Does anyone know if any banks would allow an investor to self insure their properties? I asked a few of my bankers as well as friends in insurance and no one seems to have an answer. My issue is, with over 80 homes ...
John Philip Eugenio
Looking for Advice in regards to HELOC
Good evening BP,I currently own a rental property in Oxnard, CA, and I have over $200K equity. I would like to get more properties using this equity. I was thinking about doing HELOC and not cash-out-refinance because...
Dan Hertler
Logistics of private money for rehab
Hi all, I have a SFR under contract that will be closing in the next week, and I will be doing a BRRRR once tenant moves out (next few months). I am funding the down payment myself, but I would like to obtain private ...
Alex Kim
Section 8 Tenant Stopped Paying Water Bill
Hi Everyone - Looking for advice!My section 8 tenant at a property of mine in Michigan has stopped paying her water bill, ending up in an outstanding balance of thousands of dollars. My property manager has approached...
James Zhang
Question regarding the title of a property from a Tax Sale
Hi All,
I purchased my first judicial tax sale last year. I thought that I did enough research into it but I clearly did not. So I had to learn the hard way that most title company wont underwrite a title insurance...
Stephen Ceausu
HELOC for investment property
Hello everyone I’m from California and was wondering if any of you have a lender who will do a HELOC on an investment property. Thank you in advance
Greg Woolsey
Suggest creative financing strategy for this situation?
There is a couple who filed bankruptcy. They have a home worth ~ 82K. They owe 55K that they used a hardmoney lender for a 5 yr loan @ 11% with a balloon payment. They don't have the resources to pay the balloon when ...
David Piqueira
Practicality of a crazy idea
I thought of this crazy idea and wanted to write about it just to see if other people think this could work in practice. I want to state that I have no desire, intention, or ability to actually do this. It was just so...