Joe Delia
Would you do this deal?
4/2 1800 sq ft, large lot, located in greater cincinnati, rented for $875, $62,500 20% down 8% interest, two year balloon, 30 year am. Comps point at 55K. House is dated but in good condition.
If so, why?
If not, w...
Kris Kempe
Subject to exit strategy PLS HELP
Hey BP fam,
Have a single family home I got under contract and planned on wholesaling. Nice property in Texas and the entry is 12k. The only issue is the interest rate is 7.125%. I’ve tried posting it in communities...
Isaac Hebron
How I went from 4 to 19 units in 365 days!
365 days ago I had four units. I primarily stick with 3 bd 1 ba units. Average rent is $800 per unit. Then I found a quadplex and ran the numbers. Presented the numbers to a potential investor. I utilized the strategi...
Robert Alexis
Aborting a hard money fix & flip for a refi and live-in rental
Newbie investor looking for advice. Purchased a foreclosed property with $549k and 10% down through a hard money loan for an initial fix and flip. With the current market, I'm considering changing my exit strategy and...
Wassim Moukarzel
how does refinancing work?
Hello, I am just starting my real estate career (I bought a couple of best selling books and started reading) and have a question regarding refinancing:1- If I understood the concept well, refinancing is great in real...
Rudy Dvorak
open to 6ish % private loan secured by property
i have 4 properties and 27 tenants in socal over 4 properties. all props have fixed loans at less than 3.8%. I have $3.1M in equity. looking to build adu's and jadu's and looking for $500ish K. Anybody can point ...
Kevin Gonsalves
Equity what to do with it!?
Hey, so I’m new in the game and was wondering your opinion on a few things. First, I have about 250k in equity from my primary residence. I want to get into the game of investing. Should I be trying to buy a 3 or 4 pl...
Jake L.
Taking title and refi brother's property to gain 200K equity
My brother has bad credit and currently has a mortgage with an interest only variable loan on his primary residence. He asked if I could add my name to refinance the property to get a better rate (30 year fixed). Luck...
Account Closed
Where can I learn about asset protection?
I’m about to purchase an out of state property. I want to be protected In the event of a lawsuit. This topic has been debated over and over on BP and nobody can seem to come to a consensus. Should I create an LLC, or ...
Justin Putt
Refinancing Rentals to Cash Out
I am currently interested in doing a couple of things. One is acquiring cash flowing rental properties, another is raising capital to have funds for future deals and have a safety net.
Lets say I purchase a rental t...