Oriana Gumbs
Financing For newbie: Hard money loan and HELOC
Hey y’all
Im a real estate rookie and im itching to start my real estate journey. My husband and I purchased our first home in Dec 2019, we house hacked for the past 2 years by renting out one of the bedrooms for ...
Dylan D.
Suggestions on getting cash out of a rental.
Hello all looking for some advice on how I should go about getting the cash out to make my next deal, I currently own 2 homes 1 is my primary residence. I just had this home appraised at 95k I currently owe 45k plus 1...
Skyler Nelson
BRRRR primary residence into a rental
My current house was initially bought as a live-in-flip. However, with the market going the way it is, I thought I’d look into keeping it as a rental and refinancing it so I can buy another home. I was talking with a ...
Ariel Nelson
Cash Out Refi? Cash flowing rental with a conventional mortgage
Hi all, I am just starting out with real estate investing and looking for some insight.Last year I purchased my first investment SFH in a desirable class A neighborhood for 260k with a conventional mortgage at 3.125%,...
Brent Huling
My appraiser gave details to the seller
I am in the middle of purchasing a home as a fix and flip rehab loan. The ARV did not come in at value and the lender is asking for $50k more out of my pocket. I wasn't feeling comfortable with the deal and was deba...
Frank Coppola
How to accurately estimate ARV (After Repair Value)
I am looking at purchasing a particular rental property. It is a foreclosure which needs quite a bit of repairs. I have a budget and cash for all of this, but I am curious to know, what can I do to estimate the ARV...
John Roesler
Lender shared appraisal with seller
In the process of closing on my second property, a duplex in Saint Paul, the appraisal came back with an asterisk related to some basement water issues. The lender won’t close until the seller addresses the issues. So...
Ryan Cybulski
Transferring home title between family members
Hello all! I’m new to BP so I hope I’m following the proper protocol in posting my topic. I couldn’t find a forum category specific to it and since I am technically ‘starting out’ I thought this might be a good place ...
Ryan Russell
First attempt at selling a property using a wrap mortgage
I'd love to get some feedback on the deal I'm currently trying to put together.
I recently purchased a property for $70,000. I immediately listed it for sale at $99,900. I received an offer 5 days after I purchase...
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Need Help Closing Deal
I have recently started studying the Lease Option techniques
and have come across a deal that I can apply it to but I am not
sure on where to begin.
My co-worker is selling his property in Maryland and will
be will...