Dan Hill
Credit Card Source of Funding
OK. I have excellent credit ( 780 ) and numerous credit cards with a total credit availability around 150k. Question: how can I effectively use the credit available to me in my real estate investor business? Cash a...
Ryan Laiola
How does a 'Deed in Lieu / Subject To' work with 1031?
I am selling my investment SFR and executing my first 1031 exchange. I have been approached by other investors offering to take over my low rate mortgage and pay out my equity in cash in exchange for a deed in lieu. ...
Warren Shinnamon
Do I need an LLC, or is Landlord Insurance enough?
Hello! I own a single-family house in Portland, OR in my name. Purchased in October, 2021, for $528,000. 30-yr fixed rate mortgage at 2.875%, $85,000 down payment. Currently ~$425,000 left on the mortgage. WIth proper...
Brian Barcelona
Property manager/ real estate agent. 1st time buyer
So check it out guys. IKI'm 23 yo and I've been saving and saving and working/working to try and save enough to qualify for an FHA in order to purchase a home. I make 45k annually and I have around 20k saved u. I rece...
Bryan L.
Balance Transfer Credit Cards Question
I've recently been using some of those "0% Balance Transfer" cards to help fund my deals. They have a 0% introductory rate for 12 months or so, and you pay 3 points up front. That's incredible compared to hard-mo...
James Kim
Assuming investment loan and actual use of property
Hello,If I purchased a SFH with an investment loan (i.e. not primary home loan), and it's been over 2 years since I got the loan can I transfer the loan (presumably the buyer needs to go through all the same loan due ...
Arjun K.
When to deed property to newly created LLC?
I acquired a property, and it is in process of being rehabbed (~$50K equity financed rehab). I am in process of setting up an LLC for this property. Should I wait till rehab is complete to deed the property, or just ...
Daniel Mendez
HELOC: Help me understand how to use a HELOC
Good afternoon BP,So I am trying to purchase my first investment property this year! Unfortunately, I don’t have the cash needed to put down for an investment property.However, I have acquired massive equity in my cur...
Justin Smith
Subject To Through Land Trust Need Help
I am trying to understand how land trusts are used to buy homes subject to the existing mortgages, without alerting the mortgagee to the fact that ownership of the property has changed. What I don’t understand is how...
Kevin Ekmark
Best Place to Save Up Cash for Downpayments
We’re saving up for our first property, and we’re funding through our current businesses (LLC). Is it best to open a separate savings account, run some short term CDs, or just leave in business checking to write a che...