Lorenzo Rizzi
Considering a property adjacent an Electrical Substation
I'm evaluating a property adjacent an electrical substation. The evaluation generates the cash flow and financial criteria I'm targeting. The property is in a great location with development in the area on the horiz...
Owen Dashner
Wholetailing still works
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $193,500
Cash invested: $1,500
Sale price: $262,500
This was an off-market deal from a referral (roofing contra...
Sam Leon
Gray areas in discrimination - have you ever unintentionally crossed that line?
While we are having a good discussion on applicants with language challenges, I thought a more generalized discussion on other areas that may or may not fall under discrimination would be a worthwhile topic to refresh...
Jordi Valado
Help with Refinance
Hello! I am new to REI and I have been running my numbers for multiple properties I have received from my realtor. The part that I get stuck on is the refinance part. Are there banks that will do more than 70% LTV?? M...
David G Vreeland
Wraparound Sale Tax Consequences & Depreciation Recapture
Trying to structure the purchase of a property at favorable terms for the seller in order to negotiate a lower price.
Property: 2 unit for $300,000 (property is worth $350k)
Seller Initially Bought it for $100,000 y...
Greg B.
Unsecured LOC
By the end of the summer I should have all 3 of my credit scores above 800. How likely is it to obtain AT LEAST $100k in unsecured lines? Is there a path, a step by step to gaining credit lines? I'm not worried abo...
Jason Eberhardt
30 year Refi or line of credit ?
Hey BP, so i have a rental property that i am going to leverage so i have the cash to buy another one at some point, as soon as that good deal comes up. My question is this. what loan is best, a line of credit or a 30...
Lee Warren
"turnkey" inspection report came back with numerous issues
I received the inspection report on a SFR thats in escrow. Property was said to have new roof, HVAC under 5 years old, new counter tops, soffit reparied, new doors, and a few other items rehabbed on the house. I go...
Gabriel Martinez
HELOC Loans under an LLC
Anyone have any luck finding a bank that offers HELOC Loans under an LLC? I have found a bank that allows you to purchase rental property under your own name, but keeping the rental property under your name doesn’t pr...
Scott McIlvaine
Scaling using Equity
Hi Member,
I am looking to do a two fold move to get equity out of my current rental properties and get a 4th. Two of my properties have great equity in them and are fully rented out. I would like to get the mo...