Mike Hoskins
$185,000 in equity but access denied
My in laws have a home in Edgewater, FL valued at approx $185,000 with no mortgage(they paid cash 5 years ago). They'd like to leverage the home to help put money in the bank and to help my wife and I find a couple of...
Roy Gottesdiener
Pulling out equity will kill my cash flow but I want to grow my portfolio
I own a rental portfolio that generates around $1,600 in monthly cash flow and has $400,000 in equity. I want to refi and pull some of that equity out ($200-$250k) so I can keep growing my portfolio but I'm not sure h...
Curtis H.
Does paying mortgage give you equitable interest?
Not sure what forum this goes in but I have an interesting question. This doesn't involve me, but a childhood friend. I'm not sure what to tell him. Here is the scenario as simply as I can put it.* Used family member'...
Vincent Plant
Approaching a seller in Distress to Create a Deal
I brrrr’d a house several months ago. It worked out great. The street it’s on presents tons of opportunity so I want to get another. I got word that the neighbor next door is in distress and possibly in foreclosure (i...
Rachel E. Krawcyk
Overseas request for application?
My property is marketed online. I received a request for application. Aside from a name, phone number, and email address all the inquiry said was, "I am returning from overseas mid march, and I am looking to find a n...
Terri Christie
Seriously need some quick advice
I really need to know what a smart investor would do if he was given $5 million to invest by someone who is just getting started in REI and has no clue what his strategy is.
Would you suggest a diversified portfolio...
Account Closed
Building a partnership for mobile home parks
I'm stuck and need help finding the next piece of the puzzle! I would like to structure a partnership to purchase a 15-30 lot mobile home park in the NE Tennessee area. How would you structure the partnership given: 1...
Aram L.
BRRR.. and Refinancing when you're Self-Employed
I'm looking to own multiple properties. I have about $150k to start but want to apply the BRRR method. Only problem is I show as self employed on my tax returns What do you do to get over this hurdle?Like many people ...
Account Closed
Can you have everything you want in real estate if you help enough other people?
The late Zig Ziglar once said, "you can have everything in life you want, if you will just help enough other people get what they want." Do you think this applies to real estate investing? Seems fairly obvious for r...
Joe Szymczyk
TAX Time...Deductions needed to get income down
Hello real estate peopleI have a situation where this year i have to pay to the IRS on taxes..Situationmy AGI income is 160k....work In IT for a big corporationi have 9 houses, i maxed out the deductions...repairs, su...