I'm considering paying off our primary residence mortgage in full and then getting a first position HELOC to use for short term money (for new BRRRRs). I'm my head it seems like a killer strategy. What am I missing...
I'm getting back into lending and I've had a recent offer for a loan as a second lien position. From what I remember, you want to be in a first lien position. I prefer that to be the situation as I'm just getting back...
Hey BP,I’m from the north New Jersey Area. I’m trying to leverage my life insurance policy along with my other assets/ and own capital to gain access for a line of credit (150k-200k) in order to invest and hopefully ...
I’m currently working on my first wholesale deal. I’m running into a lot of processes I’m not sure how to go about, and would love to find a mentor in the Atlanta area that’s willing to kind of walk me through these d...
I’m looking to acquire my first buy and hold multi family. Would you guys suggest starting out with something like a duplex and trying to be the sole investor, or tackle a larger project and bring in partners?
Hello,This is my first time filing a Schedule E (Real Estate income) and had some basic questions.1. I have a Townhome, what property type is this (1.b. on form)? SFR / MFR?2. My property manager gave me a 1099-MISC ...
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I am primarily into fix and flips. Looking to get into wholesaling for internal lead generation. However, occasionally, I will be disposing off the properties to other buyers based on my work load. My primary focus wi...
Hi BP Team,I'm looking to make my first small multifamily purchase in San Francisco this year. I'm lining up my financing but want to ensure I'm aware of the different mortgage programs being offered, and those which...
I’ve been investing in real estate for a couple of years now and have decided to ramp up the speed and have been actively looking for the next deal. My question is there a way to fund the next deal while I’m just days...