Kenny Kuramoto
HELOC Stuck on how to start
Ok. I have a HELOC of $200k I'm having a hard time figuring out how to start and scale. There is only 2 ways I can think of to make it work. 1. Buy property outright and just pay the HELOC off slowly. 2. Is put a down...
Keith Doe
Interest Rate on Sub 80k Property
Hi all,I have potentially found a deal. Townhome asking 60k. Newly renovated with tenant in place. Going through the listing agent's recommended lender and he came back with 3.25% but after all fees the APR comes out ...
Scott Bartlett
Low-Ball Offer on an REO thoughts?
I just put in my first offer on a REO property owned by Chase Bank.
The property has been on the market for 148 Days.
The property was listed around October 12th of 2012 at $25,000.
45 Days Later, the bank reduced ...
Nicole Duran
Cost Segregation to advance your depreciation payments
Hello BP members. I just discovered a new way to leverage your money and current assets to purchase other real estate and am wondering if its too good to be true and what is the catch. What are your thoughts on Cost S...
Adam Bourg
Replacing hot water heater in Denver, I need help
My hot water heater has a leak, I had a plumber look at it and they couldn’t find the issue. It’s 14 years old and they quoted me $3000 to replace it. This is Apple wood plumbing, I live in Thornton Co. It has a 10 y...
Christian Chartier
Best rates on ARM loans
Hello everyone,
I've been researching ARM lenders for about a month and looking for lenders charging the lowest rates, FHA or Conventional are fine.
If you have used or know of any lenders offering low low low rate...
Sam Zawatsky
Cost to build
Hello,I have been interested in buying a vacant lot and building a duplex on it. I have never built anything before, and have only bought two single family homes that were built decades ago. I am hesitant to purchase ...
Donald Eggers
Live in Fix and Hold
Investment Info:
Single-family residence fix & flip investment in Redmond.
Purchase price: $340,000
Cash invested: $68,000
PP: $340,000 with $10k in sellers closing costs
What made you i...
Katy Fry
Credit Score Issues
HiI am currently looking at purchasing a 50-60k rental property. My first. I am looking for a loan for that property but it is a little bit of a "non-conforming" property and I also don't have the 20% down for a con...
Daniel Lozowy
Serious: Analysing Value-Add/Distressed Deals the Right Way
Here's the problem: I keep hearing two different things.I'm based in Montreal, Canda and the game here is mostly to buy distressed apartment buildings, drive-up the NOI and RE-FI (the cap is really low, so it's almost...