Brian Leigh
Personal Loan or HML for BRRRRR
Hi BP! I am looking at a few BRRRRR properties that would cost $65-75k to acquire and rehab. If I only have $40k cash available, would you recommend a personal loan or line of credit from a local credit union? Or secu...
Adam Vieira
Colorado Springs connections
Hello everyone!I am new to flipping! I am looking to make connections and get advice for my first property. I used to work for a GC in Colorado Springs for the last two years as a Super/PM. I have had my real estate l...
Stephen Littles
Value
good morning everyone, as I get ready to go out today and make it happen, I've asked myself a question, WHY should a seasoned investor that is willing to work with a REALTOR, work with someone like myself, someone wit...
Stephen Leblanc
taking vacation
I'm taking my wife on a 2 week cruise and I'm not sure what to do with my rentals. The only contact my tenants have with me is by calling my cell phone. My cell won't work where I'm going so, I'm not sure what to do...
Jonathan Johnson
Auctions - finding amount owed & what banks will accept
Hello BP,Looking at auctions and seeing the titles, often I can find out how much the loan was originally financed for and when it matures. I can estimate how much is still left with a few mortgage calculators, but do...
Saul Quinones
Buying property out of state
HelloAnyone know the challenges of buying out of state or recommend just buying property in own state?
Joseph Pond
Taking out a HELOC on a home after QuitClaim Deed?
My mom owns a home free and clear that is worth 169K, she is going to sign a quitclaim deed as me as the grantee, with her name also still on the deed until she passes away. Can I take out a HELOC to help with my real...
Konkova Irina
Converted primary to rental. Can I tax deduct primary mortgage?
Hi Everyone,Last year I've converted my primary residence into a rental on July 1st, 2021. Can I deduct the mortgage interest that accrued while it was my primary residence? i.e the first 6 months of the year? I don't...
Denis Ponder
All in One Kitchenettes
Good morning,
Hopefully this is in the right spot. My wife and I just went under contract for a property which is a SFH with a guest house. The guest house is 1 br, 1 ba and I want to put a little kitchenette insid...
Matt Rutter
Condo Insurance Coverage
My wife & I purchased a vacation condo (also a MTR) in Memphis (1 Bed 1 Bath) approx 1,000 sqft. We haven't had to insure a condo before and are specifically unsure how much coverage we need. I've heard of the 20%...