Jason Malabute
biggest misconception about real estate
The biggest misconception about real estate is that you can be an introvert and hide behind your properties.Well, maybe if you wanted to stay small forever you can stay in your bubble and talk to to people only when y...
Jeffrey Ascough
Funding for small commerical unit
I'm having a very difficult time securing long term funding for a small (1,250 sq ft) commercial unit in NJ. The unit is currently rented at $1,950 and I am purchasing for $187,900. Curious if anyone has any advice a...
Craig Fithian
FHA "Property Flipping Waiver" Expiring
FHA has announced that the temporary waiver of FHA’s regulation that prohibits the use of FHA financing to purchase single family properties that are being resold within 90 days of the previous acquisition, expires on...
Brendan Lawrence
Wholesale Double Close Bridge Loan?
Hey guys,I’ve started wholesaling to raise capital. I can’t tell sellers I’m a cash buyer when IM not a cash buyer. I say I partner with them, but I need to streamline this part honestly to maintain integrity. I’m a c...
Ray Martinez
HELOC Investing Strategy
Hey Everyone,
Quite a bit to unpack here but I'm in a bit of a cross roads on how I should approach using a HELOC.
scenario 1: Utilize to pay off Car Loans + 2nd Property down payment? ($100k)
scenario 2: Accelera...
Henry Lazerow
The power of monthly furished bedroom rentals!
Brokered a client this 5br 2ba house in Portage Park neighborhood of Chicago but the cheaper less nice side of town for $350,000. He put about $40k in rehab and ended up renting monthly for $1500 master and $1000 each...
Arta Montero
Magic number for leaving w-2 job
For those of you that have left W-2 job wondering at what point you felt comfortable doing that, was there a certain magic number you had to have, did you have a plan in place before leaving, did you ever look back, w...
Obed Salazar
Quit Six Figure Job & Moved To FL; Help Funding Duplex Househack
Hi,So here’s the scenario: I quit my “high income” job and moved to another state. I have money saved up, no current income, and live with my fiancé who has a full time job. I found a duplex we intend to house hack an...
Ari S.
Line of Credit secured to Account Receivables income
Do yyou think it's a good idea to get a credit line based on your rental income from another property? for example, if you get $10k/mo from a property in total, then you can borrow up to $120k against your account rec...
Corey Perdue
HELOC vs Fixed 30yr Capital
Good morning BP community!I am looking for some advice on the capital I use for BRRRRing properties. Currently my buying power is using the equity in my properties in the form of HELOCs. This has been a very useful to...