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Can someone explain the velocity banking strategy? I have seen the concept explained as a way to use a HELOC to pay principle only checks to your mortgage as a way to pay off a loan in an extremely short amount of tim...
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Can someone explain the Brrrr process to me? Using example numbers
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Will putting properties in a llc, release some of my credit? I have one rental in the rehab stage, and my primary house that I'm wanting to make a rental in a few months. But with those and my vehicles and etc. I only...
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Hi All,I just got some great advice by a fellow Bigger Pockets and RE leader. Why divest out of good cashflow property- owned outright when I can create a win-win with another investor? I got it! So now it is just a ...
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Hello,I am going to be purchasing my first rental property shortly and am very excited to get started but want to set everything up correctly right from the start. I have a few properties in my sights. There is some...
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I was a mortgage loan officer and an escrow officer 20-odd years ago, before the landscape shifted. I know the drill about proper documentation, etc. But the process I"m in now seems just ridiculous.Hubby and I are ...
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I am looking to purchase a 3 unit property and live in it and rent out the other floors. If I end up moving out and just use it as a investment property, am I able to file for LLC? Can I file for it while I am living ...
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Hello, I am 68 years old and I am on the housing hud voucher program. My apts who is managed by a real estate business has us pay our rent online what is called Realpage. I had brain surgery and my sister was my soci...
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We have an approved short sale and the listing agent just informed us that he will not sell it anymore. Our contract is valid, enforceable and past any contingency periods. Our attorney advised us to file a lawsuit an...
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Hello everyone.
Let us assume we have found a SFH or even a Multi-Family. Ran our numbers, did our due diligence, and made an offer that has been accepted;
1) I have an LLC, but when researching banks, they will not...