Joanna Golden
Tax help! deductions for EOY and no rental income yet to offset!
HI Friends! Was hoping someone with experience could help. I just bought two duplexes in Cleveland and will have work done to them, there will be many expenses I have for 2018 as I just started an LLC and besides reha...
Brian Breiding
BRRR..... Need help with the "Refinance"
We need help with the BRRR method. Our portfolio currently consists of 10 properties (5 single family homes, 5 duplexes). We have financed these through various methods including traditional, home equity from our pr...
Monty Bruckman
Buying in a sellers market
Hello, I am a new investor in north Phoenix and I'm in the process of buying my first deal. I've already spoken to a broker, cpa, and various agents, and mostly finalized my business plan. My question revolves around ...
Account Closed
Best credit cards for buying home improvement/rehab material
Hey guys. Been trying to figure out the best way to pay for the construction materials, and best thing I could come up with is the Citi Double Cash for 2% cashback. The Home Depot and Lowe's cards I don't think are ...
John McRae
Owner financing
I am in process of putting together an offer for a multi unit property in the seacoast area of NH. I currently own 1/2 the building and another party owns the other 1/2 which I am looking to acquire. I would like to...
Anthony Simmons
House Flipping Business Models
Hi All,
I am curious as to what type of business models experienced house flipping teams have used to set the foundation for their house flipping business with other co-owners.
Myself and two of my friends are inter...
Jim R.
Advice on Refinancing & Credit Score
Hello,
I'm looking at buying my first rental property this year and I'm trying to get my personal finances in order. I own my primary residence and have an ARM that's been working out well for me in the past couple ...
Arthur Garcia
HELOC or Cash Out Refi: opinions?
Hey BP,
Here is my situation, I own a F/C property - value 55-605
I just found a local bank that will give me a HELOC at 4.5% for 10 years at 70% LTV. Another option is to get a portfolio loan with them at 6% for ...
Kevin Wiley
Need advice for an FHA mortgage. First time buyer
Hello all, I have a situation and need some advice. There are a couple of moving parts so please bear with me. 1st, I have poor credit. My fico scores are 594, 606 and 619. 2nd, I am working on a flip right now and e...
Carlin Randolph
HELOC: Paying the mortgage at an accelerated rate
Happy Monday, BP. Has anyone ever heard of buying a home with a mortgage and then immediately putting that home into a loan product that would similar to a HELOC? Thanks in advance for the advice