Account Closed
Increase HELOC or Cash?
I have an opportunity to pay off my mortgage by the end of the calendar year. At the same time I have been waiting for this opportunity to make my first real estate investment. I figure these are my two choices:1. p...
Art Maydan
Brainstorming Next Move After House Hacking
You guys were a big help in getting me into real estate with a house hack and I’m hoping you can help me brainstorm what my next move should be. I bought a duplex in McKinley Park in Chicago 6 months ago. It was a gut...
Page Huyette
Need advice on structuring equity partnership for flip
I have a SFR under contract that I plan to rehab and sell within 6 months. Hard money has not worked out since I don't have the fast-flip experience to justify the risk (all of my rehabs have been much longer time fr...
Peter Chester
How do quantify intangibles in a deal?
Hi folks! @Shane Pearlmanand I are working on structuring a partnership for a commercial investment (We aren't sure yet if we'll invest in California, Minnesota, or Washington).I have a short sale on my record so I li...
Ahmed Souissi
Property is vacant and owner had bankruptcy many years ago
Hello, this house have been vacant for a long time so I decided to search the owner and give her a call she said that she had bankruptcy and don't know nothing about the property for many years, and said that Wells Fa...
Michael J salemy
HELOC on Rental Property
I have two rental properties and a primary residence. My two rental properties my wife and I have on 15 year fixed mortgages and are about two years into it. They are in the Tampa market. They have a significant amoun...
Freddie Williams
BRRRR Strategy... Question
I have bought and flipped for quite sometime but now I want to change my strategy to purchasing and holding properties. Guess my first question is how is this possible. Most lenders now want 20 % percent down per purc...
Mehran K.
Cross-Collaterization/Pledging Equity as DP
I'm looking to get more info on the ins and outs of how it works when you cross-collateralize (CC for short)a property you own free & clear towards an acquisition you're looking to finance. My portfolio len...
Gary Parilis
cash-out refi --> BRRRR --> delayed financing... A problem?
I have pulled capital out of my existing properties to fund new deals. I have enough to cover cash purchase + rehab for a typical deal, and plan to recycle the funds for multiple deals. My objective it to BRRRR with c...
Nicholas Weckstein
I’m stuck at my current position
This post is me blowing off steam or seeing if I’m missing anything. I currently own a Triplex with an 85k note left on it.
I profit roughly $750 a month plus whatever the mortgage pay down is. I’m not complaining. ...