Robert M Erickson
HELOC or Cash Out Loan for Rental Property with No Debt in CA
Hi All!
I currently own a rental property (Own-Your-Own Condo in Orange County) that is paid off ($750K ARV) and rents for $2,800 per month. Do you know of any banks or lenders in CA that will lend $50K-$100K on this...
Jon Haney
Does a HELOC make sense in this situation?
Hi everyone,Currently I own two investment properties, and I’m considering taking a HELOC on my first property to cover a down payment for a third. This is my first time with any sort of creative financing, so I wante...
Erica Ho
Should I purchase my first real estate property as owner occupied
Hi all,I am hoping to start my real estate investment journey and can't decide between either co-buying my first real estate property in LA vs buying an out of state investment property. For the first option I would c...
Yesenia Tomas
Inherited Tenant Arrest
Hello I have a quick question and by the title I'm guessing you have a vague idea already of what it is.
My husband and I have recently bought our first investment property and so far we haven't had any problems with...
Connor Zarefoss
Any connections to hedge funds or buy & hold investors?
Hey guys, first time poster, long time listener.
I have a property in Pittsburgh that I over flipped and am now having a hard time getting it off my hands. My loan terms are coming to an end soon and I can’t refinan...
Jordan Holt
Insight on DSCR vs standard commercial cash out refi
I am just finishing up a rehab and its about time to get my hard money lender paid back, and get the money I put into the deal back out to rinse and repeat. The property is in my LLC and I am trying to figure out if I...
Stephen Bruce
Tenants without a Lease?!?!
Good morning! Here's the situation:I'm under contract on a quadplex. Current owner/landlord is terrible at his job. He says he does not have a lease signed for 3 out of 4 units. It is "word of mouth." He claims they a...
Henry LiChi
Ohio Owner Financing Scenarios
Hi All,I just wanted to get a quick read on a scenario and a general opinion if you would do the following deals. I am contemplating on selling two of my properties via a land contract/owner financing. This is purel...
Alexandra Scardo
Win-win private loan from a friend of a friend
I have a meeting set up with a friend of a friend who is interested in lending me some money for cash to close on my first quick fix and flip. I have done one fix and hold and one live-in longer term fix and flip. I h...
Ben Wilkins
Property Analysis Walk Through
Good evening BP,I have seen a few posts asking how to analyze a rental property.While I was analyzing a property tonight with my wife, I decided to take some screen shots and go through how we analyzed it. It's a lot ...