Genaro Picazo
Regarding paying a loan for a LLC-owned rental property
Hello. I currently own a rental property that is titled under an LLC (I am the sole owner of the LLC). The property is owned out-right, without any loans, mortgages, or liens. I would like to do a cash-out refinance s...
Jonathan Guerrero
How to get money to fix a house
I bought a house in new jersey for 38000. I need about 30,00 to fix it. Now im broke and i don't have money to make it habitable. What is a smart way to get money to fix it with out affecting my future investments?
Michael Cross
Advice on Buying 2 Properties too Close - Loan Options?
Property #1: I am Closing on a 3/1 in a week for 65k using a personal loan/cash savings with, property will likely appraise at 80-85k. Intend to put a mortgage on it once tenant in place. Property inspection done. in ...
John Anderson
Cash vs. HELOC to purchase 1st rental in Omaha
I'm a new investor in the Omaha area and am currently looking at investing in a SFH around 100,000. I currently have approx 100,000+ in cash and own my own home (150,000) outright. I'm considering financing a rental...
Casey Murphy
Our first fix and flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $48,000
Cash invested: $50,000
Sale price: $125,000
This was a small 3 bed 2 bath in the small town I live in.
...
Karl McGarvey
Buy and Hold turned 12 Month "Flip"
Investment Info:
Condo note investment investment.
Purchase price: $113,500
Cash invested: $25,000
Sale price: $240,000
Bought a beachfront condo with the intent of using is as a STR that we woul...
Reece Stanley
Two single family homes, One lot
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Grand Junction.
Purchase price: $190,000
Cash invested: $5,000
This property consisted of two small single family homes on...
Mary Fraga-Kingsbury
Abandoned house with Past due taxes, city liens, and late fees
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $43,000
This was my first deal. Bought the property for Past due taxes and liens + a $15,000 note to the seller (great...
Pete Perez
House Hack Refinance Question
I have a duplex in Renton WA. I am renting one unit out and living in while rehabbing the other. I am wondering if its possible to borrow equity in the property to finish the rehab?I owe $330k and ARV is $600k (based...
Dexter Lopez
Private Lending (Promissory Note)
Hey BP,I am looking to borrow private money from friends & family in California (without a deed of trust) for a property purchase outside of California. Does the promissory note have to be created for California o...