Sheldon Alex
Wrap Mortgage Private Money Partner Analysis
Good day everyone. Here’s a quick example of a Private Money Partner funding opportunity I underwrote recently.The borrower’s exit strategy is to Wrap the property to a homestead buyer. Below are the figures:
Purchas...
Eric Edling
Hello all! New to the forum. Question on financing
Hey thank you for looking into my post. I am interested in purchasing either a rental property. I have a small amount of capital around 80k but I do not have good credit unfortunately. I own my current home I have aro...
LaMancha Sims
What's a Deal Worth to You
I am curious as to what an investor looks for when truly evaluating a deal? What's the top 3 things that makes a deal worth your time?
Cody Faucher
To sell our home, or rent to continue growth through equity?
I live in the outskirts of Mechanicsville, VA just outside of Richmond. My wife and I have lived in our current home for three years but are in the process of moving to Pennsylvania. Our real estate agent is saying th...
Peter Kehr
Using current equity to buying & rehab new primary residence
Hello bigger pockets! I need your help figuring out if I can leverage equity in my current home to buy and fix my next primary residence for as little money down as possible.Here's my situation: I currently live in a ...
Ron K.
My formula to decide when to sell to buy something else - is in this right?
Hi BP,I have property with built-up equity, and I was planning to sell and trade up (refinance doesn't work for me).The problem is, that I believe that the costs associated with trading a property are too high.Please ...
Shane Woods
What to offer on FSBO (if at all)
There's this house close to me...
Lady bought it cash (I think) and lived in it for a few years. Working on that buying info now...before I have to ask her. She added on to it, prob not permitted as we're outside c...
Shekhar Ramaswamy
Impact of Cash out refinance to reinvest in a second property
I have a rental property that has approximately $520K in equity. Currently the cash on cash is almost 30%, but that is also because the purchase price was only $240K in 2004, with 20% down. If I cash out refinance and...
Jeremy Janszen
How to best use private investor money so everyone makes money?
I'm a Cleveland-based investor who likes to buy duplexes and single family homes for cash flow (12-15% COC target). My partner and I are picky in that we only select homes that are in decent neighborhoods (C+/B), nee...
David Mendez
Refinancing our Home
Hi everyone, my name is David. I am in the Phoenix, Arizona area. I am trying to be to invest into rental properties. I bought my own home about a year ago and we built up an estimated 50k in equity. Would it be bene...