Jack Forester
Delayed closing for fast refi after cash purchase?
On a recent podcast a guest talked about writing in the repair costs into the HUD on a cash purchase, then after closing, fixing up the property and immediately refinancing with cash out for the amount on the HUD, wit...
Samuel Brand
Massachusetts Probate Timeframes
Hello BP Community,I am currently trying to close on a property in the Boston metro area. We signed purchase and sale on the 13th of February, two weeks later I was informed that there were issues with the title. The ...
James M.
100k apart, help me get creative!
I wanted to pick some of your brains to see if you could think of a way to get a creative and make a deal work!
This property will be a buy and hold which I will owner occupy. The area is getting a major regentrific...
Moshe Eisenberg
How to cash out on a 3 unit owned by LLC
Hi guys,
I own a 3 unit under my LLC free and clear. I would like to use the equity to buy another property. What would you recommend as my best option?
1- Can I take out like a HELOC on an investment property?
2- ...
Matthew Harrison
Motivated seller advice
Hello all, sorry in advance for the long post.I am new to the idea of wholesaling, and the value of a motivated seller. My past experience was very straightforward, a conventional buy and hold that is doing well. Howe...
Jack B.
Effect of cash out refinance on 1031 exchange?
The house was a primary residence then a rental and back and forth. If I move back in and cash out refinance then rent out again and 1031 exchange the house, what is the effect on the 1031 exchange? I imagine I will h...
Tony C.
Bought REO with existing occupants who created fraudulent lease
Hi BP,I recently purchased a REO property in Georgia. The occupants who are currently living there I suspect are squatters. I've seen the house and it's a total mess. Police have frequented the property on many occasi...
Murray Reginald
Turnkey Investment for Multifamily Properties
Hi BP,What is the best strategy to use when buying a turnkey property? How much profit are the turnkey companies making off of the deal? With that being said I realize analyzing the deal is crucial, but this will more...
Steven Cobb
The Refinancing Step of BRRRR
David Green mentioned in Podcast 327 that he started doing 1-2 BRRRR’s each month. That sounds like he’s pulling his money out each month. How did he refinance that soon? I thought you had to wait a while before you c...
Mike Jay
Financing multiple income properties
Hey everyone,If i get a income property and it covers the mortgage how soon and i ask the bank for another loan? If i come up with 25% down do i have to wait 2 years and show on taxes or something?Thanks