Lee S.
Refinance Hard Money Loan
I've been talking to HML lenders lately and was just reading the comments to podcast #9 on HM and I had a thought come to mind. If a HML will only lend to an entity like an LLC and I want one of my exit options to be...
Candace Postell
WWYD if you ran out of $$$ during the flip!
Hi B/P family,So what if you were about 95% complete on a flip and you needed about 4k to complete, what would you do besides private money? Its a bit of a dilemma because you've made it this far and you dont want to ...
Marshall Snyder
Using leverage to BRRRR
Hi everyone, my name is Marshall Snyder and this is my first post on bigger pockets. I am an 18-year-old in Indiana and I am a 50% owner of two SFH's with the other 1/2 being my father. I also personally hold about 11...
Jeff S.
Too Cheap? Loan expense question.
Planning on moving into a rental and doing some rehab. I have a credit line and other avenues to cash so financing is not totally necessary.
I am contemplating living there 2 years, selling and saving on a 250k gain....
Kai G.
Why/how is it possible to buy at 70% ARV?
I'm admittedly brand new at this, but I'm trying to wrap my head around how you're supposed to buy rental property at 70% ARV (or maybe 80%) after repairs costs. I do understand how that's rather desirable, giving you...
Vladimir K.
Do you buy out of your State or in your back yard?
Now, I’m always told that RE investing works anywhere. And to some degree, that’s true. However, what is not mentioned that not ALL types of investing work anywhere.
For example, someone who wants to invest ‘SUBJEC...
Bill S.
Judgement questions
I am working with a seller who by self identification is in foreclosure. The county foreclosure website has no foreclosure for the property or for her. She has not received any of the direct mail that I would expect i...
Joseph Walsh
Missed Opportunities - What are your recent ones?
Hi all, I thought I would list a few missed opportunities I have had recently, and ask about any of yours. Mine fall into 3 general categories:1.) Wish I would of thought to... Recently, we went to an estate sale nea...
Alex Hileman
New Investor Looking for Lending Advice
Hi Everyone,I am doing some research and planning on buying a rental property next year (I am currently saving for my wedding). My husband and I have a house with no mortgage and great credit, but no cash to invest ri...
Julie Mogyorosi
Can I cah out refinance with no reserves?
If I have a 4 unit worth $400k, I still owe $115k on the mortgage… can I do a cash out refinance even with no reserves in the bank? 698 credit score. I would use money from the cash out to make a reserve + buy my part...