Connor Augustine
Using OPM to fund a deal - How do they legally give me the funds?
Hey! I am in the process of helping my dad do a cash out refinance on their primary so we I use the cash to fund another deal. I do not want to have his name on the properties because my other investors do not want h...
Joe Wall
HELOC vs Cash Out Refinance and Tax Ramifications
I currently do not owe a house, but my parents have thought about doing a HELOC (home equity line of credit) to help me buy a side-by-side duplex. I am wondering about all the details for a HELOC. I was told it can on...
Jordan Wood
Using a third party HELOC for a down payment?
I know this has been discussed time and time again in terms of using your own primary residence HELOC to finance the down payment on an investment property... but what if the HELOC belongs to someone else? Family memb...
Chris Penny
Hard money lending for down payment of an investment duplex
Can I borrow hard money for down payment of an investment duplex? Due to my financial condition, I need to put 30% down for this duplex and I don't have enough. My friends (relatives) can lend me money (as "gift") but...
Krystal Jones
Newbie in Houston Needing Help with 1st Investment
Hello Everyone! I've been lurking on BP and watching the podcasts/seminars for a little while now and I am excited to get started in investing.I will try to keep this short and sweet...My mom owes $65,000 on her home...
Justin Littke
starting a business / investment property taxes
Hello, I am 25 and just moved to VA Beach and started in REI. I just purchased my first primary home, single family, as a short sale, for 130k that is certainly worth 160k or more (170k or more after I do some simp...
Dami Gonzales
Newbie with an idea looking for advice
Hello, new here. I have about $55k in cash/stocks right now. I have a pretty good income, currently living near Phoenix Arizona. Living with roommates to keep my rent cost lower. I have an idea. Would love to hear som...
Abhimanyu Aditya
US Citizen with Foreigner as a partner
I am a US citizen. My parent is an Indian citizen. She has some money she wants to invest in the US in a real estate condos we can rent out.
She is happy to have everything go through me, i.e. she transfers the money...
Arjay Estrella
Buying a rental through a realtor. Do I send a bonus?
Hello fellow investors! I am purchasing my first rental property out of state through a realtor (purchased for 57k) and I am wondering if I should send her a monetary bonus? If so how much? Also should I wait until af...
Josh Clemence
Contract and Tax Question
This is unfamiliar territory to me so thought I would as here. I am going to talk to my accountant next week, but thought I might be able to get some information ahead of time.
I am in the process of buying a hous...