Manohar Reddy Paduri
HELOC and its effect on new mortgage rate & LTV
I want to take HELOC 40K line on current primary home with Market value of 620k and equity of 180k.
I also want to move out in 3 months after purchasing new property as primary and making current one as rental.
so w...
Adam Fout
Rental ROI
When analyzing a deal, should an investor who finances the deal with a conventional loan factor in ROI on debt pay down and ROI on appreciation?Example: I am looking at a property to purchase for $132,000, 25% down on...
Kim West
Flipping Partnership - Structuring Advice
Hello All, Thank you for your contributions to these BP discussions...Truly helpful information for a newbie investor like myself. Through networking I have been offered to partner on a flip with a real estate agent/c...
Gary Drumm
How Much Would Is A Good Amount To get Started With
This may have been asked, but I wanted to get some of the latest feedback considering current market conditions. I have access to some funds from my 401k, about $3000, and I'm wondering if that's a realistic amount of...
Marianne Jarrett
Question about financing
I am looking at a property to flip but wonder about the ability to sell it in a timely manner. Has anyone ever gotten a line of credit or equity line on a rehabbed home after renting it. I would want to pull out mon...
Greg P.
Pull Permits when you are using a Project Manager?
Hi all. This question is for those using a Project manager when working on projects. I've been using a licensed contractor when doing projects, but how does one pull permits when you use a Project manager? With thi...
Victoria Winters
What things make a good Elevator Pitch?
Attending networking events and local real estate investment group meetings is a fantastic way to meet prospective sellers and buyers. New and seasoned investors can meet and mingle, exchange ideas and refer business ...
Jordan Noble
Cincinnati OH (Madisonville) Live-in Flip/BRRRR
Investment Info:
Single-family residence fix & flip investment in Cincinnati.
Purchase price: $155,000
Single Family Live-in Flip
$155k Purchase + $50k Rehab = $205k Project Cost
$250k Appraisal
...
Michael Cote
How contingencies work
If you have a contingency in your purchase contract that allows you to back out if you can’t get financing, can you just use that as an excuse to back out even if that’s bot really the reason you’re backing out? So yo...
Nick Gee
LLC questions , TAXES,ETC NEWBIE QUESTIONS
hello everyone I finally decided to create an llc for my properties.. I have two single family homes.
STARTED INVESTING ALMOST 2 years ago
ONE IS RENTED, ONE IS BEING RENOVATED (POSSIBLE RENTAL)
I'm holding both in...