Scott Rovner
Co signer for cash out refi
Does anyone know of any lenders the do not need tax returns to be provided by the cosigner? I have a cosigner that is self employed but they do not have tax returns for 2022 and 2021 due to a situation with their busi...
William Przybyla
What would be the next move...
Hey Gang,
I have asked for advice to a lot different people (realtor, financial advisor, property manager, other investors in the area) about what I should do for my next move as I have read about a few different str...
Jesse Lee
1 stage or 2 stage refinance?
I want to do a cash out refinance and was wondering if I should it it two stages. Goal is to pull out as much cash as possible to use towards next deal.-Credit score is around 625. It’s low due to high utilization (&...
Terrell Garren
Would appreciate financial advice regarding 1% rule
59 years old with 16 SFHs near Charlotte, NC. No debt (please don't beat me up regarding no use of leverage - I'm an old guy and just don't prefer debt at this point in my life). I do my own PM and set my rents aroun...
Kay March
Delaware Statutory Trust (DST) 1031 Exchange - Costs vs. Capital Gains Taxes
While considering doing a 1031 exchange into a Delaware Statutory Trust (DST), I read that upfront costs for a DST can range from 10% to 18% of the invested equity. Assuming that no debt is involved, Is paying that co...
Tiffany Alfaro
Preparing for Real Estate Investment: Savings, Expenses, and Side Work Opportunities
Hello everyone,
I am currently working through a challenging financial situation. I have high-interest debt with a 28% APR that I need to pay off before focusing on saving for a home with my current income . To addre...
Account Closed
What am I missing regarding land contracts and subject to's?
Ok I must be missing something because all these deals seem to have balloon payoffs at some point. No one wants to finance you forever especially if you're wrapping their loan. What do you do when you have exhaus...
Richard Patrie
Can a Self-Directed IRA hold a mortgage on a rental property?
Hi BP Community!I'm a year into my real estate investment journey, and learning as I go. In the last year I've acquired 7 properties through a mix of seller-financing and my HELOC (1st lien position). These propertie...
Domingos A.
Refinancing a rental property with low credit scores
Hello, I have 2 paid off investment properties in York, PA,my credit scores are in the 630-650 range, high credit card utilization, trying to cash out refinance to consolidate debts, per Zillow.com each of the houses ...
Ragav Go
Moving a 1031 exchanged property to a partnership LLC
Hello - I did a 1031 exchange of my single family rental property (the Title was under my personal name) to a multi-family property a couple of years ago and the multi-family property was Titled under a single member ...