Jeff Moore
Please help me decide brrrr or heloc
Hello BP friends
I love the burr strategy but have been thinking
If I buy a house rehab it, rent it and I paid cash for it why not just get a heloc on it to do the next house, pay back the heloc and now have 2 h...
David Goossens
Determining CapEx or Repair for Rental
I've been preparing for tax season and when looking over my books, I noticed that I had a $7000.00 bill from my plumber. When I checked my maintenance log, I found that a section of the main sewer line was replaced be...
PATRICK MYLES
Turning Credit into Cash
Hello BiggerPockets Family.I am in the midst of closing a deal on a foreclosure that I intend to rehab and flip. This particular deal requires more cash in escrow then I have on hand so I went the business credit rout...
Account Closed
Is it possible to get a home equity line on a manufactured home
My manufactured home was appraised at 160k. It is fully paid off and I am looking to get a home equity line of credit for around 50k. The park is in a great area of San Jose CA
Is this possible?
I have ...
Stefan B.
DENIED INSURANCE COVERAGE. Advice needed.
Hello BP,So I own two 4plexes in St Louis, MO are and a townhome in Jacksonville, FL which is also rented out. My current insurance provider for the FL property has dropped my water damage coverage last year (no expla...
Account Closed
LINE OF CREDIT INFO WANTED
I am looking into getting a line of credit so I can purchase some small deals without getting hit with thousands in points from hard money lenders.
Does anyone know of a good company to use? I have heard there are n...
Christine James
Can you sue a Sewer Inspector for Negligence?
We hired a contractor to decommission the septic system and tie into the town sewer in order to sell our house. The contractor tied ONE line into the sewer and dug a hole into the septic tank. The inspector came and s...
Jason S.
Using Credit Cards for Deal, Yay or Nay?
What are you thoughts on using CC's for a down payment on a 50K rental property?
Kevin Crowell
Any advice on finding out of state/ country investors for turnkey
Im getting a lot of turnkey deals in nice blue collar area and Im asking if anyone knows where to find those kind of buyers! They are not wholesale but 20-30 K below market with super good rents!!! Thanks for advice a...
Bill Gulley
When are you Speculating vs. Investing?
This might be an interesting topic born from another thread.
When is buying or operating in real estate a speculative venture and when are you investing? How do you define speculating and investing, what's the differ...