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Hello everybody. I've got a question about how to best utilize a HELOC I am taking out on my primary residence. Here are the basics around that and my current REI situation. I will have a HELOC of around $35,000 doll...
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I currently own a home in Riverside County, California (East of Los Angeles). My house is appraised at $450k and I owe $240K currently. I was reading about doing a HELOC in order to make a down payment on another prop...
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Talking with my lawyer, he tells me there are implications where a licensed agent can fall into legal trouble and possibly lose their license if they are involved within the fix/flip deal? Is this true? I have a pro...
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Hello BP Community - My name is Eric and I've been reading the blogs and listening to the BP podcast for a little while now but this is my first BP post! Exciting times.I feel that the BRRRR strategy is best for my fi...
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Hey guys,My brother and I am just starting out in real estate investing. We have been looking for properties to begin our joint endeavor. He has done two previous flips and is a full time real estate agent, this is my...
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I am a bit stuck on how timelines work for the refinance portion of BRRR. I understand that I close on my property (Dec), renovate it (January) and then refinance it to pull out my money.How long does it take you to h...
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As I have been growing my investment portfolio I have had multiple friends and family approach me about investing together. My business partner and I have decided we would like to invest in an apartment by syndicatin...
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Ok, so I’m new to investing and I’ve been trying to come up with a financing strategy to get me into my first flip
As of right now I’m thinking of establishing my business credit to Get a business credit card with 0...
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I'm trying to figure out who is correct in a particular situation and hope someone here can help. A tenant in Maryland was on a month-to-month extension of their lease and gave notice on the last day of June that he'...
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My Borrower moved his company to Delaware making it an LLC there which makes me a bit worried that he might try something and try to get out of the loan by splitting the llc . Would it be advisable to move my LLC from...