Hi everyone -- I'm two SFH's in on my REI journey and looking for more! Want to do some BRRRR but am a little confused on how the numbers work. Will this strategy not work when purchasing a property conventionally (...
Hi Everyone! I read Andrew Postell's post about doing cash-out refi's and he says in there that if you pay for the home with cash or a HELOC that you can get a cash-out loan on day 1. I've called 4 credit unions and t...
Assuming I no debt on my incoming gains from selling a rental property, what are the advantages of opting for DSTs with almost 50% LTV vs debt free DST?A. If we take say 50% LTV, what happens after 10 years when DST c...
I'm working on a deal to purchase 6-10 properties and am looking at commercial financing rather than portfolio due to better rates and terms from my lender. On the deal, I'm able to purchase all the homes at roughly 7...
Hello,Thanks in advance for any comments. I've been following the posts here for a while and while some offer valuable insight I'm hoping to get situation specific advice.In general the plan is to buy a SFR for 800k w...
Hi I'm interested in BRRRR while I am not based in the US. All the initial steps are understood but the cash out refinance is still not very clear to me. How can I make sure that a cash out refinance of 80% LTV will b...
Hi All,
First post on BP! I work as a real estate agent in Canada and have investment property in Canada and the US. I do not have two years of employment history so going with a cross boarder bank is out of the ques...
Has anyone done a HELOC on and investment property or know lenders who will take a second position on a Equity line? I have a primary with too good a rate to refi, but have significant equity I want to tap without s...
Hey BP! I am looking at hard money as a way to fund my next BRRRR deal. Although I am familiar with conventional and personal loans, hard money is something I do not fully understand yet and would welcome any help in ...
Hello I am trying to see how I can go about getting down payment funding on an investment property. any ideas or creative options?