Alicia Marks
QOTW: How are your 2022 goals so far?
Welcome back to our question of the week! For those that joined us at BPCON, we hope you learned a lot and found lots of value and inspiration. If you didn’t get to join us, make sure to get your tickets early for BPC...
Bode Adeyi
Is this really a BRRRR???
Can you refinance out of an initial funding via long term loan into another long term loan and still benefit from BRRRR strategy? I.e Obtain an FHA loan and refinance out after 18 or 24 months? (Intent, will be to get...
Nancy Zhao
California flippers, what are your profit margins?
Just curious to see if my numbers are better or worse than the average. I'll start, on my last 3 flips it was 9%/5 months, 17%/3 months, 16%/4 months. This is on total project cost with no financing, before tax.
Caleb Smith
Debt Service Coverage Ratio Loans
On the last step of the BRRRR process, I am wanting to use a loan to refinance the property and pay back the hard money lender.
However, the lender I spoke with said it would be hard for me to qualify based on my pas...
Mike Schorah
This can’t be right……. is it that easy to make money as a real estate agent?
I always saw what the Bureau of Labor Statistics said about real estate agents. For instance, the newest stat for real estate agents is that the median salary is $49k (https://www.bls.gov/ooh/sales/home.htm).
I spent...
Joshua Harter
Financing Options for newer investors
Background, I'm 29 and relatively new to investing. I recently did a live in flip on my primary and cash out refinanced to fund my future long term investment properties. I was able to pull approx. 70k cash out to use...
Derek Daun
What should I watch out for with a short term seller rent back?
We are in contract to buy a property. Close of escrow is next Monday (Aug 17th), but the bank is ready to fund anytime we want to sign. We weren't planning signing until the property was vacant; but now the seller wan...
Steven W.
Loaning 401K Money to Fix/Flip Properties
Hi everyone,I am working with partners to purchase SFRs, rehab them, and then sell them. I would provide the bulk of the capital through my Solo 401k plan. I've been told by my Solo 401k guru that I can do this only i...
Michael Leeson
Money order to wrong payee
How can I cash a money order made out to the wrong payee?Long story about an inherited tenant who is now gone. Last rent was paid by money order with wrong name for our management company. Tenant is long gone. Any ide...
Stacey Diaz
EquityBuild Review
I wanted to personal thank Joel from Equitybuild for his outstanding work. I received emails from Equitybuild for quite some time, skeptical of how the whole process worked. When my father passed, I wanted to invest t...