Amanda Fulmer
Where to do a cash out refi?
Hello!! I live in a rural, but quickly growing area in the northeast GA mountains. I am looking to a deal with a cash out refi as my end game. However, I don't know who would consider doing this in my area. As far as ...
Weng L.
Max out HELOC before sell then 1031?
Hi All,
Will maxing out HELOC before selling exiting property cause 1031 to be denied by IRS? HUD-1 only shows the amount used to pay off 1st mortgage and 2nd mortgage (HELOC) but not the data of fund drawing from HE...
Angela Tod
1% rule in BRRRR - applies to ARV not purchase price, right?
Hello BPers, long time reader, first time post-er :)
We are trying to refine our analysis and are getting a little confused.
Example:
Purchase Price $80,000
Rehab $40,000 (not seeing bids this low in reality...)
...
David Pham
Need advice!! Sell vs refinance
Hi, BP forum. Im in a conundrum and need your advice. I'm very new in real estate but I do have a house co-owned with my mom in Long Island that we purchased back in 2014. The thing is, we paid in full for this hou...
Arron Paulino
Stabilizing My Rental Portfolio in Memphis
Hello,I am now 3 years into real estate investing from starting during the pandemic and have been able to obtain 7 SFRs into my rental portfolio all using the BRRRR strategy and now closing in on my 8th property maybe...
Neil P.
Purchasing a House all Cash Then Refinancing
I would like some expertise on this current issue I'm facing.I have this house 155,000 purchase price. I want to do all cash and refinance.I am going to get an appraisal done Monday, the seller is very confident the ...
Jodi-Ann Birch
Subject To assistance needed
Good day,
I am relatively new to REI and I have a potential subject to deal I am looking at in Cleveland Suburbs and could use some help. The loan payoff is $47,000.00 with 14k past due. The rental potential and are...
Blake Hudak
To refinance or not to refinance?
Hi,
Looking for advice on refinancing, and how to best capitalize on my situation. I own a duplex and I am looking to continue investing in 1-4 units homes in my area with any cash that I could free up.
-Loan bala...
Terrance Harrington
Wholesale Calculator
I just watched @Brandon Turner video on using the Biggerpockets Wholesaling calculator and have a question regarding how the Rental Owner's Purchase Price is being calculated? I tried adding the loan amount plus the p...
Matt Kellogg
My first BRRRR calculation
Hello everyone!I am new to the BP scene, and would like some advice on my first BRRRR calculation. I’m on the brink of making my first purchase towards (hopefully) a successful real estate investing career. My goal is...