Chaitanya Laxminarayan
Banks offering HELOC on investment properties in Texas
Given the downturn due to Covid-19, I want to get a HELOC in case I need the money to tide me over. I called BoA who said most banks only offer HELOCs on primary and vacation homes. My property is in Texas. Thanks.
Jenna Y.
Vacant property - owners unable to locate trust document - SoCal probate/estate planning referral?
Hello - Trying to purchase an abandoned home - the house is owned by a trust, the owner passed away 15 years ago. We are working with the family to acquire the property. Our escrow company needs a Trust Certification ...
Sam Nesheiwat
Investment Property HELOC Lenders
I have a rental property (NOT Primary Residence). I want to take out a HELOC on it. I cant find any lenders who do it. I researched online and in person for the past 6 months and came up with nothing! Please. If anyon...
Michael Donato
Things to stay away from when buying a house......
So when it comes time to buy a house (I'd like to find a fixer-upper and rent it out) what are some things I should keep an eye out for? Maybe some major do's and don't's. I'd like to see how an experienced investor l...
Nic DeAngelo
Problems With Financials
Good news, I'm officially a broker!
That said, I've been looking nonstop for a 4-plex that meets my investment specs in Orange County. The more places I look into, the more I see agents representing properties with ...
Victor N.
Unscrupulous Real Estate Agents!!!
Wanted to share a very recent experience ( a few days ago) with an unscrupulous listing broker.
A 2 family HUD home was listed by this agent who's office happened to be about an hour from the property and in ...
Jonathan Barreneche
What Percentages do you use for your expenses?
Hey guys and girls,So when using rental property calculators what % do use for the expenses and growth monthly?I’ve been using 5% vacancy 10% repair costs 5% CapEx 10% management feesI assume all utilities will be han...
Graham Reinhard
Best/Most affordable ways to finance and scale
Hi guys - Relatively new to BP. I was hoping to get a post started on most affordable and scalable ways to source financing. Not particularly focused on MF/SFR but rather wanted to collect an idea of easy and cheap wa...
Tyler Austin
How do you figure unexpected costs? Anyone In Jacksonville,Fl?
So, I am looking at getting my first rental property. I decided to go in Jacksonville, FL.I understand adding insurance and everything into my figures, but what about unexpectd costs? It is a duplex, but only one side...
Tad Murphy
Getting family on board
How do I get my wife to get on board with me to try real estate investing? She is very skeptical and does not like risk.