Luke M.
Has anyone been able to get a HELOC on a rental property?
I keep getting turned down, but I've been told some local banks will sometimes entertain it.
It's located in San Diego, California, and I live in Brooklyn. It's rented well and has about 60% in equity. Any ti...
Cristina Corredor
Considering to buy Kent Clothier´s Find the Motivated Sellers now System, any advice if it´s worth it?
Hi,
I´m considering the option to buy Kent Clothier´s Find the Motivated Seller now System to find vacant houses. In my area (Anchorage, Alaska) there are not the "thousands" they talk about, there are 350 contacts ...
Kristen Chapin
BRRR Strategy Questions
I am looking at the BRRR Strategy. When analyzing properties, is there a certain percentage of ARV that you can determine if its a good deal without doing the calculator on every property EX: ARV 300K (must get house ...
Kris Haskins
FHA Appraisal came in $40k low, what should we do?
We have a house that comps at $200k, and have a 3 month old appraisal that backs that price up. Our buyer just had an FHA appraisal that came in at $160k. We've tried to give the comps from the $200k appraisal to th...
Account Closed
what do i do with a house that is under water
not literally. i dont know if there is a different way of wording it....
basically, he has 80k left on his mortgage. the market crashed and now the comps are running about 65k (without looking at repair costs...
Abdenour Achab
How do I sell a promissory note without risking trouble with the SEC
I own a note in Redding California. I located, through public records, some people who either bought notes in the past or lent money secured by real estate in the Shasta county (not the owner finance people - only ...
Peter Dunne
The importance of building a long-term network
Hi All,I have been been methodically building my way towards launching my investment strategy and continue to find that my most productive time is spent building strong relationships in the area. However, in many of m...
Mike Heth
First time poster, trying to narrow down first purchase details
Hey everyone! Just want to say thanks to all who contribute to this wonderful asset we call bigger pockets. I'm a SSgt in the USAF, trying to get started in the RE game. I'm going in with one of the lower risk star...
Owen Schwaegerle
How to Identify and Acquire Self Sotrage Space
After having done a few small Multifamily investments, I’d like to start looking at commercial and more specifically self storage space. I’ve had great success finding off-market properties through direct mail, cold c...
Shawn Bhatti
High-end Renovations on BRRRR
Hey fellow BP members,
I've seen a lot of posts from buy-and-hold investors who talk about not doing high end finishes on a rental property. Though I am newer, this strategy is flawed in my eyes for several reasons...