Tisha Croom
investor for mentoring
I keep seeing post saying get with a seasoned investor when you are new. Where are these people? In my city people treat me like I am competition and don't want to train. Is there anyone willing to mentor in Indianapo...
Account Closed
Home Owner Equity Line of Credit
Do people recommend using Home Owners Equity Line of Credit for a down payment on their next rental property If they don’t have the money for another down payment?
Jose D.
What is this strategy called?
https://www.youtube.com/watch?v=gvJZE8dNcxUEpisode 320 around the 32:00 minute markBrandon talks about a strategy that some investors use where they acquire a property with a line of credit on that same property they ...
Paul Samia
I Just put in my first 3 offers out of state. I have a down payment question.
Hello everyone.So this is whats happening, I have been looking into investing in AZ and I just put in three offers on three different properties, all 4plex and will the loan I got a will be making an income monthly fr...
Joshua Frank
Analyzing deals using hard money to purchase
hello BP, I’m trying to analyze deals but I find it difficult to really grasp the concept while attempting to use hard money in order to find the deal most analysis calculators I use and see are based around conventio...
Steve Bell
Repay HELOC or make interest only payments to increase cash reser
Hi BP community!My partner and I are planning to take out a HELOC to fund the down payment on our first rental unit. Going the short term rental route. Anyone have advice about repaying the HELOC? What advantages woul...
Drew Halvin
Taxes Multi Member LLC - Capital gain or ordinary income
Yippy made some money in my first year flipping...now time to figure out my taxes. I'll preface by saying I'm a CPA but don't let that fool you as I was just a former auditor with probably no more expertise in taxati...
Joe Branco
Looking for 2nd investment property. WWYD?
The first home I purchased was a duplex about 12 years ago. The plan was to live there for a few years and then move when our family grew and hold onto the duplex, which is what we did. With our growing family and ca...
Account Closed
New Real Estate Investors – You’re Gong To Spend Time or You’re Gong To Spend Money
Don’t you hate being lied to? I hate it when some “guru” claims
“No Cost, Zero Down, No Risk, But wait there’s more, we’ll tell you (on video or zoom) how to do this for only $xx,xxx. “ and the “community” will save...
Omar Burnett
Leverage: How much is too much?
Hello all,I am a newbie still learning the ropes, and so far it seems that acquiring my first rental unit should be pretty straight forward. Although it may not be easy and will take time. My questions are:What amount...