Clayton Barker
Purchasing my first home in Austin!
BP community,
I’ve been renting for the past two years after finishing school and am now in a financial position where it makes sense to start considering purchasing a primary residence. My thought process is that I...
Wade Barnett
How are ADU's currently being appraised in Los Angeles? After SB 9 was passed.
I'm an investor based in Los Angeles and I'm planning on building a detached 2 bed 2 bath ADU (garage conversion) on my home to house hack, and eventually will rent out both units. I have done this once before (in Cy...
Lauren Reid
First buy, 8acres of commercial land with 3 units.
Hello! I’m looking at almost 9acres of commercial/industrial (no additional residential allowed to be built) w/ 2 residential units on the land currently. 1 is an old Stone house renovated into a top and bottom duplex...
John Dare
Positive ROI hard to find in Toronto
I want to buy my first property in Toronto (duplex/triplex house-hacking). When I crunch the numbers its hard to find positive ROI in reasonably central Toronto. Once I look outside Toronto I can find a good ROI.
Is ...
Nicole Heasley Beitenman
Will the bank go for this arrangement?
I'm trying to get a 6-unit apartment complex. I can't technically afford the down payment. I'd like to get the sellers to finance the down payment. I have some money sitting in my account that I received from a HELOC ...
Sam Valme
How to unlock a HELOC
Hello BP Team! We were planning on purchasing our first rental in Feb of next year. Instead we are thinking about requesting the current owner open a HELOC on the home. They current have about ~275k in equity. We coul...
Ericka Mizuta
Writing own note on a investment property
Does anyone have experience with writing my own note on equity that is in an investment property? I have a few rentals that all have equity (as well as my primary residence). I would like to use this equity to re-in...
Gabe K.
Pay taxes before selling reperforming note?
Team, I have a note that is reperforming and now seasoned and I am going to sell it. The borrower is way behind on her property taxes and is not in a financial position to pay them. My question is: do I pay all the p...
Cooper Walker
Why Home Equity Loans are Worth It?
I am brand new to real estate investing and I am looking for ways to get involved ASAP. I have heard a lot of good things about home equity loans or home equity lines of credit, but I cannot seem to see the bigger pi...
Sean Stewart
2nd lien bank foreclosure - excess funds go to 1st lien?
Scenario: 2nd lien bank foreclosure auction ~ $50k judgement/fee/interests. Winning Bid at auction $100k. 1st lien owed $150k (not in foreclosure yet)
My question: Does any winning bid over the 2nd lien credit b...