I recently purchased a SFH in the South Chicago suburbs 1 month ago to BRRRR. I identified a lender at the beginning of the process who said they would be able to do a cash out refinance once the project was complete ...
We are nearing completion of our first rehab on what will be a rental property. We paid cash for the transaction and financed the reno with cash. Now, we need to cash-out so we can do it again! We are in Columbus, ...
OK If you have a REO under contract as a wholesaler and things start to fall apart how can you back out within your inspection period to avoid loosing your earnest money check? what info do you have to provide to the ...
I am in the inspection period on a property in a great North Tampa neighborhood called Carrollwood. The property sits on a double lot and has the following characteristics:
-3/2, 2,141 sq. Ft, built in1958-Roof is 5 ...
I bought a house cash. I will be paying for rehab out of pocket. Before I begin rehab, I want to have a lender in place to refi before beginning rehab. Now I am shopping lenders, and I am having a hard time finding ...
Huge Thank You to Bigger Pockets... I have been on here for about 2 months... and I finally jumped in! I bought some properties at a Tax Deed Auction yesterday here in Oklahoma. (1 vacant lot, 2 houses - 1 vacant, 1 o...
BP Tax Gurus,My question is regarding short term rehabs. I know that if you hold a property for greater than 1 year, its taxed at a long term capital gains rate (15% for most people), and less than a year, it is shor...
Hey can anyone help me compile a list of banks/lenders that do not have a 12-month seasoning period? Trying to cash-out refinance a property that I own to roll into another deal. Property is located in Binghamton, NY...
I’m looking to purchase my first property this year. I was leaning towards a cashout refi due to the locked in interest rate. But am now wondering if a HELOC would be the better option. How much ch does the interest r...
What is the differance between a tax deed and a warrenty deed?
Can I sell if I have a tax deed or should I have a warrenty deed?
Rick