Rob Randle
Just backed out of a good deal!
My first and only rental consists of a property in a great area that didn't take hardly any work to get rented. It gives a decent return of 10% cash on cash. I am currently looking at another similar deal but I just...
David Martin
Pros and Cons of Putting Investment Properties in LLC(s)
Hello! My wife and I are planning to purchase a rental property or two in the near future and are considering purchasing them through a real estate LLC that we establish. I understand that most banks won't offer conve...
Nathan Frost
All in One HELOC (Advantages)
Hi, I am about to close on an AIO HELOC. Anyone have one and let me know the way to ultimately take advantage of it? Would it be smart to put all my rents and paycheck into the AIO to pay down the loan as fast as po...
Adrian Becoat
Using business lines of credit or personal property to fund deals
I'am looking to transition from wholesaling into buy/hold and rehab/flips. I have an existing business line of credit (outside of real estate) that I could use to fund deals and I also have personal property with equi...
Robert Not Shiller
My purchase proposal
Hi... I need advice on my scenario so thought i'd ask on BP.
- We have a 600k mortgage on our primary residence. $4000 total monthly payment (incl insurance, util etc) after adding in a few extra bucks on top. Equity...
Cody Ringler
Got the first one now what?
What's going on guys I recently just purchased my first duplex. I'm going to be house hacking it for the first year. But eventually, I'm gonna need to move on and get my self another property. How would you guys fund ...
Eric Salgado
In Escrow Now. Should I push back close
Hello BP. In Escrow on a great deal thats close to the 2% rule. Here is the breakdown 2 units combined rents 1350Price 70K and 5K back at closing to replace single pane windows.Both tenants have stable jobs that appea...
Sharon Rolel
Getting equity out of a credit card
I have 3 credit cards, student cards which have annual rates of around 6%. Combined, the credit I can use is around 20k$ a month. They are international (though not American) cards. I use maybe 2k of that, and I never...
Matias Escobar
Rehab not closing due to Financing - Help with Rent to Own
BP Investors,I am a flipper and have a house in Cape Coral FL under contract until day of closing that didn't close. The deal was subject to the buyer selling their property and the buyer for that property didn't get ...
Stephanie Harley
What would you do-Asset advice
Hello,
Just discovered bigger pockets and excited about investing and looking for financial advice.
-purchased home 2016 $0 down 3.75%
-with mortgage plus monthly costs, it currently rents with a cash flow of $850 ...