Bought my first flip with hard money lender. Took longer than thought to fix up. Now I need to refinance it if it doesn’t sale in the next 30 so I can rent it. Can you refinance a house if you do not have an income?
My partner and I have recently decided to hold a new build that we were originally planning on flipping. Our plan is to refinance the property once complete and leverage the equity (and also take out an equity line i...
Being a consummate do-it-yourselfet and unable to clone myself, I've felt it wise to bring in some contractors on my 20 unit remodel. This is unchartered territory for me, ugh, having faith in people's work ethic, qua...
Has anyone taken or considered taken the Covid 19 Cares act $100,000 out of their 401k to purchases additional properties? What are you all's thoughts? My thoughts are that you could buy a property and depreciate it o...
We purchased a foreclosure home. My husband is now worried we bought the second mortgage foreclosure. It clearly states on the “ Final judgement of foreclosure” that this lien is superior to all other claims. But on t...
I thought that there would be zoning issues, but I came across this property where it looks like the owner is building some in the back yard of some multi-family units: http://www.zillow.com/homedetails/602-Perceful-S...
My husband and I just bought our first investment property in 2020, an STR in Gatlinburg, TN and we couldn't be happier with how it's been going. We want to buy another in that area at some point but are also looking ...
I bought my primary residence (brand new construction) a few years ago and the agent advised me to buy OTP . Was this a wise decision as I am the first owner?.... Or could the home builder cause a defect in the titl...
Hey i'm looking to buy an investment property but want it to be in an LLC and am struggling to find a bank to lend to a first timer in an LLC. I've been advised. that I cannot buy and then move to an LLC. Any suggesti...
Hey BP Forum. What are you all paying in closing costs for a cash out financing?I’m BRRRR’ing properties in the Midwest and doing 100% loan to cost (leaving rehab money invested into the house) with no seasoning. My c...