Account Closed
after buying ALL cash how to get money back??HELOC? REFI?
I am buying my first rental all cash for 45k and am wondering how I can go about getting the cash back? I am running into a few problems that the banks are having with Non owner occupied properties.
The loan officers...
Gilian Villatoro
Is Memphis a good market?
Is Memphis, Tennessee a good market to invest? Based on prices I’ve found, I can purchase 3 properties that would generate cash flow, but I also don’t want to invest in a market where appreciation is flatlined. Advice?
Preston Dean
BRRRR Method Time Line
How long do I have to wait to begin the refinance portion of the BRRRR method?
EXAMPLE:
Duplex is $390,000 purchase price ARV is $475K. Can I turn around immediately after cash purchase and have it appraised the n...
Mike Palmer
How much to raise rent for additional tenant
Hi all:I have a unit rented to some college students (in Ogden, Utah). So far they have been good tenants. One of them is a friend of the others and was planning to move out of town and was initially only a temporary ...
Isaac Lewis
Getting Loan Using Life Insurance Cash Value as Collateral??
Hi all, So I am trying to finance the purchase of a residential real estate property and I am looking to use my life insurance cash value as collateral to fund the loan, purchase the property, and then refinance to pa...
Michael Pouliot
What rates are you getting on SFH rental properties?
Hello Everyone,Apologies if I am posting this in the wrong area of the forum.I am trying to find out what rates and terms lenders are offering on fixed rate rental properties (non-owner occupied) in your area.Mostly, ...
Amir Navabpour
More due on sale clauses triggered for LLC's in this rising rate environment
Thinking about putting several of my properties in an LLC, and wanted to gather peoples thoughts on a topic that seems to keep coming: What is the liklihood of triggering the DOS clause? I already have an umbrealla l...
Devin Williams
Newbie Stuck at financing
We are ready to go did the education (ongoing of course), saved a decent down payment, found a couple properties that make very good deals, but are stuck at financing.... so now we are back at the drawing board. Reach...
Jonathan G.
where to incoporate
I live in California and currently acquiring an apartment complex with friends in Texas. Where would it make the more sense to incorporate the holding LLC, Delaware, California or Texas?
Duke Giordano
Syndication Using Fixed Rate Debt
Hello All,I am seeing more and more syndications get me nervous with the current debt terms at this juncture of the market and interest rate risk. Many value add syndications are still using bridge debt in a typical ...