Hi, I have an investment property A where I built a good amount of equity. I want to buy an investment property B using the equity built in property A. Is that legal to use for another property? How does the tax-ded...
I will try to keep this as brief as possible :Partner and I purchased 2 rental properties in Florida with cash under one LLC (lets call this LLC 1).Now looking to do a cash out refinance and having trouble for a multi...
I've been wondering, now that I have accumulated some equity in my current home, could I get a HELOC and use those funds as a down payment for a property. Then assuming all things being even, I am able to secure the p...
Hello All,
Closed on my first property back in February. Now have actual tenants moving in a few weeks from now. I’m attempting the BRRRR strategy but can’t refinance for another few months due to having low equity ...
I have an investor who wants to help get us off the ground with the brrr method. He said he will invest 300k but he doesn’t want to be personally liable on the loan. The problem is I don’t have an income yet, how do I...
Hey BP friends! I am considering selling my STR SFH (3/2 + 2/1 guesthouse) property and open to seller-financing but I'm hoping one of you experts out there can help me take the right perspective. I owe $600k on a $67...
Hi guys, I have two questions that I have been wondering about. First is about financing a property, second is about building up properties.
1. I have read that it is possible to pool together investors to come up wit...
Over the past year I have had a seasonal job and started buying houses in my own name to fix and rent out while laid off. Next year I will be showing more rental income. What is the best way to structure myself so tha...
I'm all over the place on this one with a mix and match conundrum.
I've got a duplex that's been awesome for me. It's got a $200K mortgage on it with a value of... at least $325K. Best case $400K. I've been eyeing up...
Say I have a first position performing note, what is a typical discount I should expect to give when selling?
This example, principle $ 92,xxx, 10 year term at 10 percent interest.
I'd imagine the interest rate pla...