Lisa Marie
Should I finance my renovations via credit card?
Dear BP,I closed on my first home/investment property. An old, out-dated home with a ton of potential. The max I want to go is $15-20K.Rather than using my own cash, I was thinking about financing the project for a ye...
Brant Richardson
Can I get more loans if some are Freddie and some are Fannie
A friend of mine said that I may be able to do a cash out refinance with more than four loans or get more than 10 loans if some are with Freddie and others are with Fannie? I have not heard of this before so I tho...
Pamela Rogers
Multi-family question from a novice investor
Hello everyone, I am a novice to investing in real estate and am currently looking at a 12 unit building in my home state. I can afford to put down the 20% but I don't want to. List price is $525k, brings in $102k/ye...
Eamon Heggarty
First Property at 22 and a NEW way to Invest OFFPLAN.
Hi all. I'm 22 and from the UK and currently just bought my first property. I would just like to share my recent investment and how ive been able to pay for it with a new technique ive never heard off or seen. It is a...
Matt Rutter
Short-Term Loan Agreement
Hey Everyone,We're looking for a short-term loan document to outline the terms of a private loan.Without going into too many details, we are in the process of acquiring a new MFH rental property and borrowed about $60...
Kurt Pourbaix
Tax treatment - Lending for a fix and flip
We partner with a guy who does fix and flips. He buys the house and does the rehab. We loan him the money both to buy the house and do the rehab and we share in the profits when it sells. We don't charge interest p...
Gary Parilis
short-term loan from 401k for rehab
I'm investigating various options for short-term cash for rehabs. A loan for 401k looks like a good option. Any gotchas to worry about? Below are the rates charged in one of my accounts (Fidelity). As I understand it,...
Brandon Bell
100% LTV HELOC...should I do it? #Notfinancialadvise
Hello All,I have a duplex that I am house hacking and I just had it appraised for $425,000; meaning I have approximately $175,000 of equity in it. I was initially going to do a cash-out refinance and pull around $80,0...
Nilay Engin
First home to pay off
Investment Info:
Single-family residence buy & hold investment in Bakersfield.
Purchase price: $253,000
Cash invested: $50,000
A single family home I bought to live in when was single and rented ...
Roy Means
Hard Money, Bank, Private Financing ?
Ive decided I want to create financial freedom through real estate investing. And the BRRRR method (Multi-unit) is the way I want to go with flips on the side. Im about a month in on learning and self educating, I ha...