Tris Rollins
All cash now but I need that money back...
I am looking at buying a property all cash so I can close the deal quickly over someone else. How long would I have to wait to get my cash back out so I can use for another property. Are there multiple routes? I do...
Vincent Plant
Hard Money Costs Too Much?
Does Hard Money typically cost 30-40% of the purchase price?? I am considering buy a home to flip. I have done a handful of flips using cash, partnering with friends, and making it work. I am eyeing up a property I wa...
Chris Boselli
First BRRRR Deal Completed in Memphis, TN
Hey BiggerPockets Community! Writing today excited and inspired as we just recently completed our first project ever in Memphis, TN and I just wanted to share the details with everyone here...while this project ended ...
Adam Drummond
refinancing w/o "seasoning" period
Hey Everyone-Any recommendation on doing a cash out refinance on a rental home where you do not need to own it for six months? I bought a house that I am going to use as a rental. I was hoping to pull some cash out ...
Jack B.
How to calculate interest deduction after cash out refi?
Cash out refinanced 4 rentals. Goal is to buy more rentals with the money, but I'm not finding any deals yet. How can I calculate the interest amount I'm allowed to deduct on the new loans for the rentals? Are they fu...
Matthew B.
How to evaluate cash out refi with a blanket loan
I own a bunch of rentals free and clear, and I'm looking to free up some cash so I can buy a few more. I'm looking into blanket loans -- one loan for multiple properties. I figure this will save me some closing costs....
Joe Malucci
[Calc Review] Help me analyze this deal (my first one)
View report*This link comes directly from our calculators, based on information input by the member who posted.This property has been on the market for almost a year. People keep backing out because a...
Account Closed
Obtain Financing for Auctions
At a local property auction, I noticed many people were paying with Cashier's Checks. Were these individuals using their own cash to pay for the Cashier's Checks, or were they funded through loans for their Cashier's ...
Dwayne Jelks Jr.
BRRR Method Question
I’m currently reading the BRRR…method. On chapter 1. David Greene mentions that to see results using BRRR…you have to increase profits and decrease basis. Can anyone explain to me what he meant by decreasing basis? Th...
Kyle Meyers
Accrued Property Taxes Effect on Cost Basis
I am sure this is a pretty basic question with a straight-forward answer, but I have thought about it too much and gotten myself confused by my own thoughts.
When purchasing a rental property, it has been standard f...