Chris Conroy
Rehab Loan HELP
I recently was in touch with a lender who does 5% conventional rehab loans for properties up to 4 plexes. I offered on a property that has a triplex and a single family home on the same property. They both are under...
Fermin G.
Refianacing to get cash out and invest in other properties
I bought my first foreclosure for 180K put 65K into it and I am now renting it out to someone who has an option to buy in 2 years for 300K. I am trying to get cash out to move on to another property but when I went t...
Alex Sinunu
DSCR Loans on purchase of dispensary
Hi, I'm exploring the purchase (less than $1million) of a cannabis dispensary in Southern California. The building is currently owned by a reputable cannabis retailer, so the sale would be a sale/lease back. They are ...
Amy Konopka
A HELOC to refinance another HELOC ??
I got a HELOC on my primary residence for 350k in 2021. The home had over 1.5 million in equity at the time but that was all they would offer. I used it to purchase an off market deal and am about to refinance to pa...
Armando Chapa
Single apartment unit or duplex for first deal
I’m looking to get my first deal done, what would you guys recommend for get my feet wet In the game ?
Jesse Crawford
Sub2 - Seller Proceeds - Taxed as Cap Gains?
Morning BP Fam! I am working through my first subject two deal and one objection that I've not seen covered is how the proceeds to the seller / homeowner are taxed. My assumption is that since the deed of a property i...
Frank Hotard
Getting Started, DMV and Gulf Shores
Hi BP crew, I am a new Pro member in the DMV area. For getting started, I'd like some expertise on my strategies.For context, I have a 665 credit score and a 70% DTI. I'm active duty military and am building a second ...
Brandon Roberts
Heloc on a rental property (Phoenix)
I’m looking to turn a private residence that has significant equity into a rental property, and buy a new home, does anyone in Phoenix, Arizona know of a lender that will give an investment loan with a HELOC so I can ...
Pixel Rogue
Capital Gains - Longer term planning...low income.
We have a few investment properties for several years. One in personal name, others in disregarded LLCs. Thinking through different exit strategies which include 1031s (traditional,) outright sales, switches into over...
David Lee
Should I rent my house to this couple?
Gentle man works two jobs with income $6000 credit score 520;
lady income $4000 credit 620No Evicrion history for both
not married, don't know if they are in relationship or father and daughter.
my management turn ...