Kent Lord
Weaknesses of BRRR? Sell and cash out or Refi and cashflow?
This post is my real life deal, I need to explore possible creative options.Ideal Situation: Is to refinance the house and still cash flow. But be able to have enough cash for a 20% down payment but I would need about...
Barry Washington
How to finance 16 units?(
16 units rent for $550, could rent for $650-$700 after rehab. Need $100000-$180000 renovation. Do you know of any creative ways to finance this deal? I have only $15,000 two homes without mortgages valued together at...
Sandy Uhlmann
Can I finance a HUD home to an owner occupant?
I was wondering if anyone had any experience in financing a HUD home to an owner occupant? I offered to finance a HUD home to a friend/handyman who never thought he could afford a home/be a homeowner. We found a ho...
Charles Wilson
Self Directed IRA Question
I need some help. Ok here is the scenario. I purchased a mortgage note with in my SDIRA the note turned non-performing. I foreclosed on it. I am thinking this means the property is now owned by my SDIRA. I want to ...
Jasmine Willois
What do you do when your seller files for BK?
Just wondering if anyone out there knows what to do when your seller goes out of business, specifically files for BK and you need additional transfer docs or re-executed assignments? This has happened to a pretty esta...
David C.
Asset Protection using Multiple LLCs - thoughts?
There was a thread from 7 years ago regarding this question of owning separate LLCs (+/-) a holding company for asset protection, and wondered today’s opinions regarding this and had some additional questions. I apol...
Jeremy Britt
Advice regarding "skilled labor costs"
I will be using my wife's uncle to handle the "skilled labor" portion of my BRRR project. My concern is: he tends to be a little pricy in his quotes, however, the work he performs is top-notch, and he's always bring...
Donald S.
Advice Needed - Lease Purchase Agreement
Hi all, I have been in the process of trying to purchase a first home for the last 8 months without luck. My realtor (and friend) owns a number of properties and recently offered to sell one to me through a lease purc...
Cyndi Hong
Purchasing a property with spouse.
When buying an investment property would you advise to sign as co- signer with your spouse? Or have it on one spouse name then move it to an LLC?We want the to be able to have more buying power later this year as well...
David Bunyea
Waiving Appraisal Contingency (Austin, TX)
Looking at a house in Austin. Asking price is $485k, offering $525k (the market is super competitive). The plan is to out down 5%, live in the house, and rent out out our current house (this would be our 2nd property)...