Joshua McMillen
No experience, no credit, and only 15k saved up. Any advice?
Hey BP, so glad I was able to come across this website. I'm 21yrs old & looking to build deeper relationships within the REI community near Tulsa, OK. I have no experience investing in real estate, but I'm educati...
Tina Wicks
When to know you are financially ready for another property
I'm a small real estate investor that has 15 units. Our past BRRRRs have been financed by a HELOC on our primary home. It has been working out well but it only allows us to do 1 BRRRR at a time. So I recently met ...
Faizul Islam
Cash-out refi/HELOC question right after cash purchase
I am a wholesaler. I have a property (in good neighborhood) that I have under contract for 40k. The as-is on-market value is about 100k and ARV is about 160K-170k. It is currently rented with long term renters that pa...
Peter Prawel
How can i get 15k to aquire an auction property? 2nd on deed?
I'm wondering how to get immediate funding. Does anyone know a lender who will jump on board? The property has a value of 50k. I have no problem with a lien/2nd mortgage position...
The auction ends in a few days.
...
Trent D.
When buying your dream car/home too soon can hurt your business
I like to ball out as much as the next guy! As a successful investor and business owner, I felt like I had enough active and passive income and cash reserves to start having a little fun. First I went and got the Me...
Angus Brooks
Tax Implications for Refinancing a Property in an LLC and Distributing Funds
Hey All- I own a small apartment complex in a two entity LLC and am wondering what the tax implications are for a cash out refinance. I have done a lot of these for my own portfolio, but am wondering if the tax impl...
John Baeten
How to purchase REI using 1031 exchange
Hello community,
I am new to real estate investing and have an interesting question which I hope someone can help me out with or at least point me in the correct direction. This might be more of a what would you do ...
Ryan Williamson
Can’t find a bank to give me a loan for my new LLC
I started an LLC In March 2021 and I’m now in search for funding for my first deal. Since my business has no activity and no revenue yet all the banks I go to are not even considering loaning to me. I have great credi...
Kristopher Shobe
Close friend wants to partner up to buy a duplex
My buddy and I would like to buy a duplex and our question is, could we each get a personal loan for 30k, let it sit in our accounts for 30 days and then use the combined funds to purchase said property out right? Pro...
Mark Fulop
How to not get defrauded by a fake private investor?
My name is Mark Fulop I am a mortgage correspondent lender/ underwriter with about 13 years of experience. The main reason why borrowers use a mortgage broker is to ensure that they attain funding from a reputable so...