Jenni Salter
HELOC vs. Hard Money for BRRRR
Hi everyone, I am getting ready to purchase my first BRRRR property. I have $250K in HELOC money. I've received advice that it always makes sense to use private/hard money over HELOC to buy properties. I am not really...
Larry Turowski
Are you Ioss averse? Watch out!
I bought a house that had hidden, but major termite damage. I got it at a great price. And I should have turned right around and sold it at a fire-sale price, accepting my loss up front. Instead, I held onto it for...
Owen Schwaegerle
Do you ever purchase a property subject to with negative cash flow?
Do you ever purchase a property subject to if the property has negative cash flow?Here's the scenario. Purchase price $650K, subject to existing $600K of financing at 3.625%, $25K down, $25K owner carry with principal...
Linda Arfiyanti
Investor buying method (cash or credits)
Hi, everyone. I and my father are newbie in the investor world. I wanna ask to you about which buying method that investor should use to make good money rotation? We have limited money because my father already an ...
Joe Trainor
Stable Future Income Option, Owner Financing For The FULL 30?
Hey All,I wanted to explore an exit strategy some of you have probably debunked, can vouch for or have at least thought of. This exit strategy stems more from a mindset of getting a consistent return over a long perio...
Ryan Sajdera
Saving for the next rental
Hey everyone, I was just curious to know what everyone does to save up for their next big investment. Do you just put your money into a savings account and let it accumulate as you deposit or do you put that money int...
Mike Frank
Subscription agreements / private offering
When investing in a private real estate offering, one signs a subscription agreement. This document was countersigned by the investment opportunity provider (the LLC) and did get a receipt of funds provided. What ar...
Rob Titus
Inputs on how to fund first flip
The more I read the more difficult it becomes to figure out a funding method. There are so many ways to get it done. I just want some inputs and advice. I will be flipping in Jacksonville, FL. I understand there is no...
Jorge Farinas
Getting back into lending
I'm getting back into lending and I've had a recent offer for a loan as a second lien position. From what I remember, you want to be in a first lien position. I prefer that to be the situation as I'm just getting back...
Joshua Schmidt
Refinancing After a BRRRR
Well, we are almost finished with our first BRRRR and I know that financing/refinancing is a bit of a challenge right now. However, I am seeing opportunity down the road for lower rates if we hold out for a while. I...