Justin Franklin
BRRRR Cash out Refi Issues
Anyone else struggle with completing the BRRRR process due to a small loan amount? I have to BRRRRs in play right now, but I can't find a lender that will cash out refi a loan <$75k to save my life. Anyone else sha...
Robert L.
How to record my owner financed note?
I wholesaled a property and charged an assignment fee of $5800.I took back a note and my buyer is paying me $300/mo a month until the note is paid off.My bookkeeper is having a very hard time how to record this in Qui...
Adam Snow
Running the numbers on a BRRRR Deal
I am new to real estate investing and am trying to learn the BRRRR method. I have a question about running the numbers on a possible deal. Purchase Price: 65,000ARV: 150,000Refinance amount (75%): 112,500This may be w...
Nathan Alvarado
HELOC vs Cashout refi
I bought my first property last year in July. I put 20% down and put a good amount towards the rehab cost. I'm thinking I should have around 104k-129k in equity. I was wondering what would be my better option to get a...
Fallon Gilbert
Need help with Lending Knowledge
Hey all!Everyone here has been super helpful with answering any questions I have and I appreciate you all for that. I do have another question which pertains to lending that I'm not sure the best route to take.The are...
Michinori Kaneko
HELOC vs Home Equity Loan
Hi everyone,I purchased my primary resident in Queens, NY about 5 years ago. Thanks to crazy NY Real estate market, I have significant amount of equity on my PR which i'm considering tapping into to invest in other r...
Joe M.
Can you please help me understand private money?
Hi BP
So can you please help me understand private money for long term buy and hold rentals? I know this is pretty general question but are there a few traditional ways this commonly work? Does the lender usually l...
Bob Rifredi
Delaware statutory trust and loans
It is my understanding that if you have a loan on a 1031 exchange and you sell that property you must carry that loan amount forward into the next exchange. I am considering a Delaware statutory trust and was wonderin...
Valerie Bowman
Blanket/Portfolio Loans and buying an 8 unit with a single family next door
Hi everyone,I am looking for advice on a deal I have under contract for 550k in Sandusky, Ohio. It consists of an 8 unit apartment building being sold with a single family home next door to it, each on their own parce...
David Pimenov
Cashing out in dubai
If a u.s. citizen lived and worked in dubai for only one year and then cashed out like 1.4 or 1.6 billion usd even if such money was clean and legitimate, would this amount arouse suspicion once back in the u.s.? Up ...