Colin Jennings
HELOC Renovation rule?
I spoke with a bank the other day about getting a HELOC for a renovation and they said that I need to live in the home while it is being renovated and it needs to be livable so I can not remodel the kitchen, can anyon...
Keith Roberts
At What Cap Rate % Does A Property Become A "No Brainer"?
Greetings Everyone.Curious to get some seasoned opinions on at what Cap Rate % makes you pull the trigger on a deal. I've had some people tell me anything over 8% is a good deal (to me a good deal means positive month...
Eric Bilderback
Financing a HUD contracted apartment
I asked this question on multi family forum but didn’t get a response thought I would try over here.There is a great deal on a 20 unit apartment with a catch it is contracted with HUD. In order to keep this sweet dea...
Savannah King
WHolesaling Deals W/ Out Seeing Property
Hello All, I've seen people say they've wholesaled a deal without physically seeing the property. How do you determine what you will sell the property for?I understand the process of finding ARV and then multiplying t...
Kelly Nicholas
Do investors ever buy at auction with intent to sell?
Hi! I am not an investor (or in the real estate market) but I have found an auction property in Pittsburgh that I’m very interested in for my primary residence. I’m not comfortable buying it at the auction but trying ...
James Booker
Tax Delinquent Lists
Hey yall. I'm talking to my county about a tax delinquent list and I don't know what specifics I need to ask her for to make the list, except for at least 2yrs back owed in taxes. Anything else I need to add?
Rudy Manna
Savings with Hard Money Lender
This topic probably have been discussed quite bit, but still want to hear about the experiences everybody had on saving with HML. I am from Seattle and mostly shopped around and used HML such as Eastside and Veristo...
Allen M Miller
Loan to Purchase Question
As a new investor is it a rule of thumb to bring $$ to the closing table?? Broker price is 147k, Lender is 80% LTPP+rehab, + 10.7% interest,,,ARV would be 225k And I would be all in at 180k I would have to bring 35k t...
Ashish Acharya
LLC doing business in CA when you have LLC in another State
I think this would help to determine if your LLC might be subject to CA LLC TaxThe California Office of Tax Appeals has ruled on whether a Minnesota limited liability company (LLC) was doing business in California and...
Temie William-Olley
New to REI
I currently live in Rahway NJ. I currently own my own home but I have been trying to get into real estate investing for a couple of years. I have been doing a lot of listening to the BP podcast and I am starting to ha...