I have been informed by my loan officer that we no longer have the option to cash out refinance our rehabbed properties at the typical 6-month seasoning. It has changed to 1 year. I am looking at other options to ge...
So I hope I get this in the right forum - I have a friend who is looking to take over payments from a seller on a SFR and take title (seller just wants to effectively give the house away as long as the new owner takes...
I'm sure most new investors have this question. Although I myself am new, I know where I stand. I'd prefer to build a rental portfolio accompanied by periodic flips. But I'm curious. Are you more on the side of runnin...
Hi,My name is Justin Lee and I am a Realtor and investor. I own a duplex in New Orleans, LA and wanted to seek advice and guidance on getting a HELOC on an investment property. This home is owned free and clear. I do ...
Does anyone use OPM to purchase turnkey rental properties then use delayed financing to transition into a mortgage right away? How do you make sure to provide your private lender with a return on their money? Is there...
Hello all, I am new to RI and I am well into the 7 Steps of Getting into RI. I have increased my knowledge base exponentially since I've begun. I have learned many different strategies and I am trying to nail down ...
Hello BP posters. I'm brand new to REI and have a question about how to use limited marketing dollars. What's been your experience/results with Bandit Sign vs Direct Mail? I'm looking at the Central Ohio area.Thanks!
We are preparing to do our first 1031 exchange in the next couple of months. We read all the standard descriptions and begin to get clearer picture, but have an additional complication and are not sure how it changes ...
I have a question about funding a single-member LLC and paying it back. I have read several of the posts here, but I have not been able to figure out exactly what to do. I am buying a property, and I going to fund i...
So the initial purchase i use my lines of credit for he purchase of the property. Then I use all my rental income and cash from my business account to rehab it and when I run out I use more of the lines of credit. Am ...