Lawrence Potts
When is a Home Equity Loan Better than a HELOC?
Hello BP,When is a Home Equity Loan better than a HELOC?My understanding that a Home Equity Loan is simple and straight forward. I’m not familiar with typical LTV’s or processing fees attached.A HELOC sounds like a be...
David Pope
Tax deductions when 1031 Exchange unavailable
I inherited 5.6% of a commercial property that is worth approximately $27m with $11m remaining on a loan. My stepped-up basis is $21m. For reasons I don't yet understand, if the property is sold I cannot take advantag...
Gaege Root
Fresh meat from Phoenix, AZ
Hello all!My name is Gaege and my experience with real estate is essentially zero. I've lived in a few houses, so I know what those are. That's about it.I do know that investing is never a surefire bet, but I also kno...
Hollis Vossekuil
5% Cap Rate and Below
Question is pretty straightforward, I live in the Bay Area and see numerous MultiFamily properties advertised for 5% Cap Rates and below. My question is how this is profitable for investors? If I'm most likely borrowi...
Albert Paul
Suggested transaction type: Wrap or Sub2?
A colleague of mine has a deal he is trying to structure but has no idea which or how to structure it. Scenario:Property worth $170kExisting mortgage $130kRepairs about $2000 to updateForeclosure "in lieu of"Buyer wil...
Michael Orlando
506(b) rules on accredited investors?
Hey all! We're raising capital for a couple killer deals here in Cleveland. We've done some JV's but are syndicating these deals and doing a 506(b). I have a pretty straightforward question.. if we have a personal rel...
Jash Sayani
Need Insurance Recommendations
Hi,I am looking for rental dwelling insurance for a townhouse in Florida. I spoke to State Farm and All State, and they don't write policies if unit is not occupied by owner.Any recommendations for rental dwelling ins...
Hilary Stalder
Small Multi-Family Buy-and-Hold AND House Hack in Winter Park, FL
Investment Info:Small multi-family (2-4 units) buy & hold investment in Winter Park.
Purchase price: $303,000 Cash invested: $50,000This duplex is a little over 1500 sf duplex, each side about 750sf 2/1 un...
Andrew Wiggins
Financing for purchasing notes
I’ve talked to a couple of the pros on this forum, special thanks to @Jay Hinrichs and @Chris Seveney, about using financing to purchase notes, specifically first lien, performing notes. It seems procuring financing t...
Gene Kardos
REOs not the way to go?
Greatings all. So my wife and I have started a small real estate investment company here in Minneapolis. Our intentions are to buy and old REOs, rehab, and then refinance. I was shocked to find out, while reading thro...