Jennifer Lipovsky
i need my equity
I own a beachfront condo on oahu in hauula. I either want to sell it or get my equity out without dealing with my personal credit and a mountain of paperwork. currently a nightly rental as we are a historic hotel.open...
Michael Vallee
New to Notes - need advice
Can I create a note against my own property and sell that somewhere? I'm trying to convert some equity to liquidity.
How would I set this up and where is there a marketplace for this paper? For someone who has cash -...
Eunseon Kwon
how to beat DTI for a single family home purchase?
Hi all,My husband and I are new to REI and are trying to learn from you all. Here's our situation.1. Have an SFH. Try to rent it out. --> It will be the first rental property. The house will hit the market next wee...
Bienes Raices
What is the benefit of a collateral loan (i.e. "CD loan")?
These are the loans where a bank lends you (for example) $10,000, but you must establish a CD or savings account with that bank in the amount of $10,000 as collateral and you can't touch the account until the loan is ...
John Gillick
What's the going rate for a flip loan?
A good acquaintance wants to borrow money for a flip.
He is very experienced. He does not need my money in that he has other options. But if I want to invest money providing better terms than those options, he's ha...
Account Closed
When To Pay for a Coach and When Not To
I would suggest you don't need to pay for a coach in the following scenarios
You're not sure if real estate investing is for you –
First, Pretend you bought a property then dig around Bigger Pockets and see what pe...
Brady Hastings
Leveraging with no money
I am going in with my dad on a commercial property that will have two tenants that have signed a 5 year lease. I am 25 and with no money, how can I come up with 100k to go in with my father? And if I do use a private ...
Stefon Bostick
Getting a Loan From Your Bank to Purchase Rental Property
Hello All,need a little help on an idea i am kicking around with little experience to fall back on so i'll jump right to it. This may or may not make any sense at all to the more experienced so bare with me. As of t...
Nuhan Demirkan
Debt Financing vs Equity Financing
Hello,I have been wrestling with this question for a while and I'm hoping you would be able ease my anguish. My three sons, my wife and I have a partnership that owns 15 rental SFH's. The cash flow is good and we have...
Brandon Allenczy
Hard Money/Private Money
Hey BP!
I'm looking at scaling this year and my goal is to buy 6 more units (3 duplexes or equivalent).
I'd love to use the brrrr method to get these so I can minimize the cash I have tied up in the properties. That...