I'm trying to utilize the equity I've built up in my rental to buy a few more properties. I'm currently not on the mortgage, but I'm on the title. If i refinance in my dad's name can I use the cash out to purchase/fin...
Hey guys!
Quick question. If i am going to buy a flip house for 150k and my estimated remodel cost is at 30-35k are there certain types of loans to where i can finance the extra 30-35k on top of the purchase price o...
I know this may sound crazy but I found a great deal in a growing neighborhood. I was advised by an investor to ask a family member for a hard loan to be able to flip my first property and possibly split the profits (...
Hey BP peeps!New to this whole deal . . . have an idea/strategy, want to see if it holds water:Find a distressed/undervalued propertyCome in as a "cash" buyer, using Hard moneyGet the rehab work done with said hard mo...
I have contacted several lending companies in South California, I don't really opt to use the one's that requires credit, for some business reasons. Are there companies that loan you the 70% of ARV? Are they much more...
I have a tenant in Mississippi who is refusing to pay rent because it took 2 weeks for a broken exterior door(a small chip at the very top of the glass on the door) to be replaced due to contractor delays. I contacted...
I am a total newbie in this forum so sorry if i'm writing about a subject that sounds like a broken record but i need some advice (and comfort!). My husband has been landlording for about 2 years and he recently asked...
Hey BP community, I have read a few forums about the importance of a HELOC. I understand they can be very useful if used responsibly. For my current situation, I use conventional financing. The typical 20% down and 30...
Hey BP fam,
Firstly, let me say that I am an animal lover who has grown up with and still has pets, heck my wife is in the process of opening up a non profit animal rescue. That being said I have seen the havoc that ...
I’m looking at a group of four 8-plexes on the MLS in Illinois. #1 has 5/8 units occupied, #2 has 2/8 units occupied, buildings 3-4 are vacant. Based on the numbers provided, the four buildings are collectively losing...