I have a SFH rental in Northern California with a $200k HELOC balance (in second lien position). My first is a 7/1 ARM at 2.684% and one year into the term.Are there any lenders that would refinance my HELOC into a fi...
In order to get started, I've decided to move forward as an investor with a contractor that I know. After doing my due diligence, I will be investing and taking a 1st position note on the property in exchange for a n...
Hello! I am new to BP and also pretty green when it comes to investing. I currently live in the north Denver suburbs (Superior), and have been really impressed with how much appreciation I've had in the last 2.5 years...
I have recently been learning about wholesale real estate and creative finance and thought that they were amazing ways to get into real estate without needing large amounts of capital on hand or taking out a high inte...
I repeatedly read negative comments about investing in Turnkey properties and I would like to hear from those that have had positive experiences and what you did to tip the odds in your favor of having your investment...
Hi All,Going to a REIA meeting tomorrow night and was wondering if anyone else has found good properties at there local REIA's? There are a ton of properties on the website but I am very hesitant of even looking at th...
Hello! This is my first post on Bigger Pockets, so bear with me :) I recently 'informally' accepted a gig to assist a local Real Estate Investor in Tampa, FL with marketing. We met and he told me about his business, g...
I read "Performance Anxiety", I found it very informative. One topic left me with questions however. When the 2nd forecloses what happens with the 1st? Does the 2nd have to buy out the first? What are the various s...
Let's say a friend and I create an LLC and fund it using funds from our own bank accounts. The LLC makes a loan to a flipper (non related) for the acquisition of a distressed property. Would it be possible for my SDIR...
Good Evening BP members, I am looking to take equity out of a very strong performing long term rental. I want to use a DSCR loan, but I see many DSCR lenders are not willing to take a second position when underwriting...