Joe Beach
Hello from Grand Rapids, MI
Hello everyone,My name is Joe and I am as green as it gets to investing. I married to a beautiful wife with a wonderful 4 month old son. I am looking to make connections with people on BP and learn as much as I can...
Christopher Wasowicz
What would you do? (Starting out)
Here’s the scenario:Image you are a complete beginner.You have $40,000 cashAnother $14,000 in a savings accountAnd can draw on approx. $50,000 HELOC in your primary residence.Assuming your goal is to BRRRR, how would ...
William Lemmond
Using OPM but CASH!?!?
I'm looking to purchase some deals with others cash. They want to essentially be my bank. One; How do we go about transferring the cash without heavy taxation i.e. red flags. I will be buying through a n LLC/business ...
Sa'Mara Roberts
Connecting with Cash Buyers For Wholesaling
Hello BiggerPockets community!
I’m Sa'Mara Roberts, and I’ve been active in real estate wholesaling for four years, focusing on land properties. While I can’t promote my company directly, I’m looking to connect with ...
Mike Schorah
Can a lien be cleared up at closing with cash from the purchase?
I put a property under contract for $150k cash. There is a $90k lien from a HELOC. He wants to use the cash from the purchase to clear up the lien. Can this be done at closing through the RE attorney or title company?...
Matt Wells
Does using a portfolio line of credit affect DTI ratio?
Does using a stock investment backed portfolio line of credit affect the debt-to-income ratio for obtaining conventional Fannie Mae & Freddie Mac loans? I would like to use my line of credit to flip homes and also...
Denise Fitzgerald
Should I refinance a 15 year to a 30 yr to gain cash flow wAirbnb
I currently have a 15 year mortgage on a rental home I bought 8/1/16. My rate was 3.25% I have a renter in the home and I just break even every month. When I bought the home I was not interested in cash flow, just p...
Andria Kobylinski
Boutique Hotel Investing - Financing
Like many in the STR community we has switched our target from STRs to Boutique Hotel investing. We have honed in on a great property with tons on potential here in Richmond, VA. As expected the banks I've talked to t...
Trevor Ewen
Empty City Lots
I would like to hear from investors who have bought empty lots in an urban area, or just outside an urban area. I am interested from two perspectives:1) Buying to sell as a lot. Essentially a longterm 'lot flip' based...
Dudley James Irvin
Newbie!! Trying to buy and sell at least 1 property before Dec 31
I have 60K to use in order to buy and quickly sell a foreclosure. It would be great if I could buy and sell 2 properties between now and Dec 31, 2019. I would like to know if 1. You think it’s possible and 2. I’m tryi...