Matthew Trainor
North Carolina Cash out refi on rental home
Hi. I have a rental property in Carolina that is valued at approximately $275k. I want to leverage it to purchase another rental. Its completely paid off. I want to Cash out refinance it as a preferred option or set u...
Ryan Ahlgrim
Direct Mail Frequency
If I could send out 1,000 mailers a month would it be better to:
A: Have 1 list of 1,000 people and mail to them every month
OR
B: Have 1 list of 3,000 people and mail to them quarterly
...
Rudolfo Fossa
"Owner occupied" loan- Do I really need to live there? In MA?
I want to get a 5% down multi family, owner occupied loan. Apparently I only need to live there for 1 year. However, a mortgage broker told me that they would give me a loan if one of the units was not occupied at t...
Juan Contreras
Best Rental Property Managing Softwares?
Wat's up everyone! Any good reccomendation on the latest and greatest softwares for managing and collecting rent/write receipts/leases etc. ?
Alicia Hall
Hot Tub Recommendations
All - I am looking for a hot tub for my STR. Has anyone used the brand Master Spas? We are looking at the Master Spa Getaway tub.
What do you currently use and love?
Thanks!
Jorge Ruiz
BRRRR Calculator- Will this work for Delayed Financing???
Hello BP! Question regarding the BRRRR calculator- will it provide an accurate analysis if I plan on using the delayed financing exemption? In the box where it asks in what time period will I refinance I have entered ...
Brendan Hallissey
when do you start recognizing a capital gain when owner financing
I am considering owner financing the sale of a building I own. Will I owe cap gains as soon as I start getting payments or will I not owe cap gains until all of my basis is paid back? Say it took 10 years to get bac...
Nikki Closser
They all say 12 months season for a cash out refi??
Hi Everyone! I read Andrew Postell's post about doing cash-out refi's and he says in there that if you pay for the home with cash or a HELOC that you can get a cash-out loan on day 1. I've called 4 credit unions and t...
Chris Copenhaver
H.O.A. foreclosure then Bank foreclosure
I'm purchasing a bank owned home from homesearch.com which is occupied. The h.o.a. foreclosed back on 1/10/2015 then the bank foreclosed 1/12/2016. The bank is saying I need to pay back h.o.a. fees for the past year....
Justin Murray
Setting up
Hi All, I'm curious.. I'd like to start finding a private lender, maybe hard money. but i'm wondering if i should have a business set up first? would i want an LLC? how do i set one up? any input would be appre...