Christopher G.
Hard Money Loan payments
I'm looking to use a 12 month Hard Money Loan to BRRR. My question is... For 6 months (or however long it may be until I am able to refinance), am I paying just the interest on the loan per month to the lender, or is ...
Steve Graham
Shout out to all the CPAs out there - mort deduction retroactive
I posted this last week. I got one response but was hoping to corroborate. I did a remodel on my house 1 year ago (cost 275k). Now I am doing a cash out refi (almost 400K). I believe I can take a mortgage interest d...
Barry W Bahr
[Calc Review] Help me analyze this deal
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Shams A.
HELOC or Refinance?
Hello everyone, is there anyone can give me advice about my personal residence which have equity and I intend to cash out the equity for real estate investment. I am located at Southern California. So, my question is...
Kim Handelman
Calculating interest for a seller finance
Hi Everyone,I have found a 4 unit property that cashflows well at a price I know the seller isn't going to like. I thought I'd offer him seller financing and show him how he could save on taxes and make more on the pr...
Ty Ottaberry
(BRRRR) with a Twist
---------------------------------------------------------(BRRRR faster & better way to play)▪So find a piece of property with one existing trailer/manufactured home already on the property that is move-in ready wi...
Bobby Forsythe
cash out refi vs heloc on a Brrrr??
Can I ask Why a cash out refi is better than a Heloc when u can pull out up to a 100% on some Helocs and a cash out only gets u 75%. Please lmk what the benefit of the cash out is over the Heloc since u can still pay ...
Cameron P.
Is this a deal or no deal?
Ok so here are the numbers. The home has an arv of 55-65k. It is a SFR rental property with a long time tenant in there of about 5 years. The seller is willing to supply seller financing for 5 years, 3% interest, purc...
Robert Walden
Private and Hard Money Lender Payments
Years ago, I did several successful fix-and-flips. But, I financed the deals using my own bank account, credit cards and family loans. I never used private lenders or hard money sources. Now that I'm retired, and vent...
Kristina Banuelos
Financing my first rental property
I am looking at purchasing my first rental property. It has 4 separate units on it and currently is producing $2500 a month. It is in a College town that is growing at a steady rate. We have negotiated the price at $2...