Hello BP Community,
Quick question on leverage. Say I purchase a home in need of rehabbing for 100k on a block where homes usually go for 250k. I put down 20%, $20,000 down leaving me with equity of 20k. I rehab the ...
What experience do you have with leveraging lines of credit with credit cards? How did you use it? If used as a private lender, please share your workflow.
Thank you Mary
Hi Everyone, I just wanted to get some advice on how I could leverage the current properties I have to acquire more real estate. I currently own two single family properties in Milwaukee. I’ve had one property for lit...
We needed cash flow fast, to pay our bills, since my husband 'medicalled out' of his airline flying career. We had enough money in savings to buy five rental properties in two years and so we paid cash for all of t...
Looking for some guidance. I am 26, in a town of approximately 19,000, currently have one duplex as well as my primary residence with a mother-in-law detached apartment that I rent out. For a total of three rental uni...
After makeing enough deals where an investor has a substantial sum to utilize, how many pay off all REI Debts and go on a Cash and Carry type of investing. pay cash/no debt invetming?
So we fully own few SFRs rentals under an LLC (no mortgages). And we want to buy few more cash properties. Can someone give me some info on the portfolio lenders? Specifically, what are the current typical rates, LTV,...
If you are leveraging a BRRRR deal. Is it possible that the amount you receive from the bank when you refinance would not be enough to pay off your private lender? How are you suppose to pay off your private lender wh...
When people talk about being leveraged at 50%,75% or what ever what number are they using to determine that. Original purchase price,current value or something else? Just use my example I have a mf property that I pai...
Has anyone used www.rescommlending.com. I heard they have programs for veterans and some other set asides. They sound pretty good. What are your thoughts?