Hello everybody! I have been here a little over six months or so. My wife was all for REI. So we jumped in. On the 17th of September after going through a roller coaster ride with the bank who owned the house, we FINA...
I Just closed a cash out refinance on a 6 plex I own in New Orleans. I am switching my strategy a little bit on this refinance. I love the BRRRR method (Buy, Rehab, Rent, Refinance, Repeat) but have always done the B...
I have been targeting off market deals and one of the lists I target is pre-foreclosure due to the motivation level. However, there has been a lot of push back from these owners as they either dodge calls or get conta...
Mortgage and lending professionals, I signed up for a program a few months ago that's basically a budgeting tool (kind of like Quickbooks online) that shows you how to use an open line of credit (like a credit card or...
Hi BP Community, it's so good to be back here.I have been learning about creating Sandwich Lease Options, and using them to help homeowners create a Rent-To-Own structure with potential buyers. Two home owners have co...
I'm considering paying off our primary residence mortgage in full and then getting a first position HELOC to use for short term money (for new BRRRRs). I'm my head it seems like a killer strategy. What am I missing...
I'm about half way thru listening to podcast 70 on Sub2 financing deals and find it really fascinating. I have a distressed home owner that I was trying to work with a few weeks ago but we couldn't get close on the n...
I have a 3 bedroom townhouse worth approximately 115-120k. I owe about 90K with 20 years left on the mortgage.My total mortgage payment is $725/month. Includes taxes and insurance.HOA is $110/month. Covers water an...