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We are looking to purchase in New Orleans, LA. We are familiar with the closing procedure/documents for a CA purchase (cash and financed) , but, what are the closing documents for property purchased with cash in New ...
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First post here, looking for a little advice. We doing a refi on our house through my work (I work at a bank) to lower the rate from 4.5 to 3.75. Really the only reason we are doing it was because there is a one tim...
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Hello BP members,I'm looking to invest soon but I would like to educated on cash deals vs leverage.. What has better tax advantages and why? . Any advice would be greatly appreciated about this topic.Thank you
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Hello,My client owns home free and clear AIV about 100K. Wants to put in 65K to fix up and sell with ARV of about 180K. Needs a straight HM deal on equity. Has Contractor full estimate for 65K in hand.Doesn't have ...
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Hi! My name is Luke. I just joined bigger pockets and started listening to the podcasts. I am thinking about bidding on a couple of houses on auction.com. They are listed as cash only. I know they will take $2500....
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Hello everyone! I'm an east coast dweller, mostly in the areas of Virginia, Maryland, West Virginia, and Pennsylvania. I'm joining this community because I this investing in property will provide my company an added b...
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Hello All. I have read some good things on here before joining and many thanks for that. I have come to an agreement on a house purchase with a seller. There are no realtors involved. This is a low end cash deal. I ...
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I love what I do, and working with clients over time developed my own tools and recently realized it would do a greater good by sharing these than just reserving them for my clients. My background is in consulting in ...
Hey guys, Sometimes its the simplest concepts that lead to my overthinking and confusing myself. However, how does refinancing and taking cash out work?Lets assume I purchase a property with a $400,000 loan (LTV of 80...
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I own a property in NC with an estimated value of 55k. I'm trying to find a lender that will allow me to take out a mortgage or loan against that property for 30k so I can invest in another property. My credit union...