Jeremy Host
GC or Remodeler Financing
I was wondering if anyone has any experience utilizing financing offered by a GC or Remodeler and what your experience was good or bad, and if they were competitive cost-wise or if they inflated due to financing?
Michael L.
Is a second home worth it?
SALUTE š«”Ā BP Fam, I hope all is well this evening.. Question, is it hard to get a heloc on a second home (not an investment property) or is it treated like an investment property? Thanks in advance for all feedbackš¤š¼.
Jacob Sanders
Should I use my 401(k) for a down payment?
I'm still new here, so I apologize if there is a better forumĀ for this post.I am wondering if it would be worth it to use money from my 401(k) as a down payment on an investment property (a flip preferably). What are ...
Sourabh Bora
Divorce proofing a purchase through LLC / Buying in friend's name
Hi BP FamilyMy friend's marriage has entered shaky grounds, and it might end up in a divorce in future. But he has come across this amazing rental property that he does not want to pass. He wants to transfer the money...
Jason SanMartin
Wrap Mortgage Inquiry
Iāve been approached about a creative financing option (Wrap Mortgage). Iām the seller of the property. Iāve dug into a little research but most explanations come from buyers end and not the sellers. Is this beneficia...
Adam Bradley
Seller Finance - Can I ReFi Cash Out?
I'm making an offer on a SFR that needs a lot of rehab. I'm estimating $30,000 for rehab.ARV is $90,000My total investment must be $70,000 (or below).Seller Finance offer: $30,000 @ 3% APR for 15 years with $1600 down...
Kevin Liddell
Future investor - 1-2 years away
Hello BP community!Quick about me: 26 years old reside in Jonesboro, Arkansas, have my bachelors degree and currently work in retail management for a nationwide chain. I have roughly one year of student loans left to ...
Justin England
Do you pay yourself rent?
I have searched for this all day, but perhaps my google-fu or my insufficient REI lexicon isn't allowing me to find the right results.I just purchased a fourplex and will be occupying while renovating. Two of the unit...
Bernie Williams
Buying first rental
Dear BP,
My wife and I have recently acquired a HELOC and are considering using the funds to pay off some debt and make a down payment on a property. However, we are unsure whether to invest in a turnkey property or...
James Hiddle
Interesting Article
http://finance.yahoo.com/news/new-american-dream-is-renting-to-get-rich.html