Greg Junge
1031 Exchange Entity Question
I purchased a buy and hold propery 5 years ago for cash in my name only. Last year I got married and put this property into a LLC with my wife, and in our trust.I'm looking to 1031 this property now but wanted to know...
Justin Luyt
Contract Assignment: When the end-buyer does NOT close
Hi all,
I am a new wholesaler and focus on residential "contract assignments". I recently got a contract assigned and accepted the deposit from the buyer. The partial assignment fee was taken to the title com...
Account Closed
Wholesalers 'Contingency' Approach Evades Financial Qualification & Commitment
many agents and sellers want to see how much loan $ you are approved for, and/or cash on hand to afford what you are offering to buy, in order to take you seriously enough to go through the trouble of a showing and th...
Glenn Tucker
BRRRR Increase Line of Credit vs. Cash Out Refi
Looking for advice on a situation I can't seem to settle on. I have been buying rental properties using the BRRRR model. I started out buying and rehabbing using all my own cash. Then I would wait the 6 months for s...
Marc Shin
how long to complete the BRRRR process?
Hello - is it possible to complete the entire BRRRR process within a 3 month period? Or does it take closer to 6 months to 1 year to complete the BRRRR process?
Dana Sample
Do flippers deal with tenants?
I’ve been noticing that on market properties with high ARV & large spread after repairs/rehab have been sitting on the market for long periods of time due to current tenants. Are there any rehab investors out ther...
Alex Tsang
Heloc for Investment Homes
Hey there!
I recently watched a YouTube video from BiggerPockets where they discussed using a HELOC for investment homes. It got me really interested! I was wondering if anyone here could possibly share or recommend ...
Gabriel Turmero
Tax Lien & Tax Deed investing
As someone new to tax lien and deed investing, I've been studying up to get the hang of it. Now, I'm looking for some guidance or advice, especially from folks who've done it in Texas, especially in Houston. If there'...
Jess Jones
Advice for refinance options
Hey all. I'm new to real estate investing and am looking to purchase my first BRRRR in the next couple months. I'm pre-approved through a local bank that has a line of credit designed specifically for these type of in...
Kevin Yoo
Formula to use in Excel Spreadsheet
I am trying to figure out what formula to use in excel if I sold my note at a discount to calculate the new rate. Does anyone know this?