Joseph Skoler
Mortgage without SS #
I have a very odd situation:I basically bought a house for a friend of mine about a year ago and gave him a 5% interest only loan for the entire purchase/closing/renovation costs.Both he and I would like him to get mo...
Kevin Branin
West Philadelphia BRRR
I BRRR analyzed a property @ 5741 Cherry St. Its an off market property in good shape, it's just really dated. It would need refreshing. Est. Repair 30K, purchase is 30.5k ARV is 75 K.I will be trying to find priva...
Brian Pleshek
Security Deposit Law in Ohio
Am I reading this correctly?ORC 5321.16 - Any security deposit greater than $50 or one month's rent(basically all security deposits) whichever is greater shall bear interest on the excess at 5% per annum and paid annu...
James Sargent
HML question on payments
I am trying to figure out exactly what I will be paying back or monthly on a loan and for those who have gone this route to offer some advice. Ex: 100k loan for 12 months @ 12% interest only, am I paying pack the int...
Ujwal Kolli
Cash out refi from one property to pay off a second property
Hello fellow investors
I’m not sure if this is the right idea or not. so I’m hoping I can borrow from your experience/knowledge.
I have 5 rental properties and in most of them I have an equity of more than 35%. My...
Christopher Lane
Military benefits for investing?
Here’s a strategy that I haven’t seen many (if anyone) talk about and I’m curious to see how the BP family would do it. Below are the benefits (I know of) that I can use:Please let me know if I’m missing anything. 4% ...
Blaine Cox
Need help approaching a family friend for private lending
So I need some help on a 1st grade level..... There is a family friend I want to approach in regards to private money/private lending. I've heard a lot about this but I haven't really seen it dumbed down on how it w...
Doug Peters
How long does it take your PM to deposit rent?
We have an OOS property and the property manager is supposed to deposit the rent on the 10th of the month. How quick is your rental income deposited? I didn't realize that the rent deposited in the previous month.Fr...
Chris Roche
BRRRR Cashout refi, minimum 6 months?
I am researching buying a property using the BRRRR method. My strategy will be to buy using hard money, rehab using my HELOC (lower interest than hard money) and then cash out refi on the back end. Two Questions:Do ...
Arturo Borges
How do construction loans work?
How do construction loans on apartment buildings work? what are the terms and rates? Let's say a boutique apartment building that costs 15MM to build.