Miller McSwain
Personal Line of Credit for Real Estate
I found that US Bank offers personal lines of credit for $5k-$20k at 10% interest with no annual fee.I figured it wouldn't be a bad idea to have access to this for a rehab overage, black swan event, etc.Does anyone kn...
Nicholas Creahan
Core 4-BRRRR Edition
Hey all. I am buying a property in Cleveland area to BRRRR. I am in the initial phases of getting a cash offer accepted. I have a pretty good realtor and property manager. I have a decent contractor lined up, though I...
Ron K.
Buying a reverse mortgage note from the bank.
Original owners passed away, house been abandoned for two years, some code violations. I would like to buy the property. Is it feasible to offer the bank to buy the note at full price (not short sale) so I could fore...
Joshua D.
How far do i push it or go?
So started my business about 3 years ago now have 15 houses and 17 units all together. Keep finding really good deals everyone is telling me and I should keep going. Easy to say when its not your money or business. So...
Dustin Verley
Investors- What Does Value Look Like for You?
Looking to get some feedback from all of the investors out there.I want you to really think outside of the box to the question I'm about to pose. Please- no "deals with better margins" or anything of the like as, I th...
Joe Riley
First time buyer additional financing
Hello BPC! First time posting and I will keep it short, I have half of the money I believe I need to purchase and flip a home in my area (central Jersey) and am thinking of filling the gap with a home equity loan. Any...
Alexander Lang
Where to shop for a HELOC/LOC
Hello BP,I just wanted to get some perspective from fellow investors on going after my second single family buy and hold property which I would plan to possibly use a HELOC/LOC to secure the 20-25% down my lender requ...
Scott H.
Cash Deal for Cash Flow. Cash Out?
I'm looking at an incredibly cheap 2-family ($16,000) that actually has month to month tenants (~$1k gross/mo). The numbers could be very appealing no matter what "rules" you apply.
There has to be a reason it's a s...
Dean Attali
Now (post-sale) plumber is asking for much higher than we agreed
Hi all,I'm very new to real estate investing - just joined BP in June and closed on my first rental property yesterday. It's a great SFH in an A area (Olathe, KS), inspection report came back very clean, everything lo...
Deepak Malhotra
Line of Credit on Property in LLC
Hello, I have some free and clear properties in Texas, Mississippi, and Nevada. I would like to put "friendly" liens on them as a barrier to fraudulent transfers, which are apparently on the rise. Which banks are al...