Berish Edelman
New investor from Cincinnati saying Hi
Hi everyone! Been inhaling the podcasts for a few weeks now and loving the vibrancy of the BP community and decided to stop lurking. We live in Cincy and we are gung ho on the BRRRR method, utilizing equity we have in...
Jake Thorpe
Pulling out equity, HELOC, other stuff
Hello all, I have a property in DFW that I have a hm loan on. Due to a serious of misfortunate events I am in default now. I owe my lender about 8k. Right now my debt is sitting at around 154k (8k outstanding intere...
Jessica Jay-Maleski
HELOC - request for referrals and sharing of experiences
Hi all! I own my own home outright and also own a 4-plex in which I have 25% equity (just purchased it 2 mos ago). Can anyone share with me their experience with taking HELOCs for the purpose of investing into long-te...
Paolo Ruggieri
Line of credit on multiple properties
I own 9 properties free and clear all rented. Values approx 50k each -450k in totalI have perfect credit, great assets (300k+ cash) and very good income (both rentals and w2)I would like a line of credit 250k (60% loa...
Uschi Macero
Refinance vs. HELOC to obtain cash for downpayment
l need to come up with the down payment on a investment property. The options I am considering are: Refinance my house and pull out all the equity or draw the HELOC I have on it.The down payment would be about 20% o...
Dewayne C.
Needing suggestion on app for bookkeeping on rentals
Hoping to get some suggestions on apps that help in bookkeeping on rental properties. I have 40 rentals. Some rent and some rent to own. I need an app that will help me with my tax forms at the end of the year.
Anthony Sclafani
Shopping for the right HELOC.
What type of HELOC is best for the BRRRR method of investing? Should I be more concerned with a fixed, variable or interest only rate? What are the most important factors? Any advice would be greatly appreciated.
Account Closed
communication apps to help house flippers
We are currently finishing up our first flip. The only area of weakness that we have experienced is communication. There are four of us working on the project and often two people will buy the hinges we need, or the t...
Kevin Lefeuvre
Zelle, the holy grail payment tool in STR business
In our STR business, we often need to transfer money to/from guests fast, free, reliable, easy. Especially for those dealing occasionally out of the platforms (airbnb/vrbo). Paypal has been the most popular so far but...
Ryan Dossey
I will be buying my first home in a few months. Advice?
Is there anything in particular that I should do to prepare for purchased my first personal residence? I have never owned a home before (other than my SFR rentals) so this will be my first purchase that's not through ...