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Hey friends,Who is closing multifamily deal with seller carry back at a moment or is closing soon?What does the deal look like and how do you structure it?
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Just received my appraisal back on a rental that I'm trying to do a cashout on. I feel that it came back really low.
1. The appraisal states that the property is located in a totally different city than it a...
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Hi there I have primary residence that I would like to access its equity to begin my first RE investment. I have came across HELOCs and HELoans but not sure which would benefit me best? I am leaning towards the BRRRR ...
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Hello BPers,
I am still new and learning every day. My question is about financing a deal with a cash offer. I wondered how to pull out the cash and re-invest in another property. I recently had a discussion with @Jo...
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So interest rates are tanking so I was about to refinance and take cashout from some properties.But, speaking with my accountant, I found out that interest on the refi will not be tax deductible because I am not plann...
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Starting out with REI and the BRRRR process seems great. For someone with minimal connections and little capital ($50k) it will be difficult to do a complete BRRRR project. Almost everything I've read or listened to i...
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I am new in Real Estate and was approached by a money lender in a FB group page. He told me he could finance my first real estate deal at 4% on the loan. I liked the interest rate but I asked him what were his terms a...
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Hi everyone, I have been looking to establish relationships with money lenders. I am wondering if the terms sent to me by a private money lender are normal? I am copying and pasting them to this post to see if I can p...
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I have been listening to podcast, reading books, researching tax liens, deeds, notes and everything about real estate. I feel that a MFH will be the best start. I want to eliminate my rent expense, by living in one of...
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Hi BP! I have a couple of SUPER NEWBIE questions about repaying a Hard Money Lender (I've never even had a regular mortgage for a personal residence). 1. My assumption is that once you get the hard money loan and you ...