Shane C Tack
Managing your HELOC
I have a HELOC on my personal residence that I'm currently in the process of remodeling. I have good equity in the house so I pulled out a HELOC to help with the remodel expenses. Over the last year the interest rate ...
Chivas Miho
Finally Became a Long Distance Real Estate Investor in 2017!
Aloha BP! So I finally closed on my first rental property on Friday, December 22 after nearly 15 months of educating myself with content from books, YouTube videos and podcasts. The property is a small multi-family...
Nathan Frost
All in One HELOC (Advantages)
Hi, I am about to close on an AIO HELOC. Anyone have one and let me know the way to ultimately take advantage of it? Would it be smart to put all my rents and paycheck into the AIO to pay down the loan as fast as po...
Jacob Counts
Getting Funding When You're First Starting
Hey Everyone,I'm in Lynchburg, VA and want to get started on flipping houses. I don't have any personal capital to get started, and need to flip some houses to change this. All of the money I make on my full time jo...
Francisco Ruiz
Utilize equity without refinance
We have two short term rentals, one in TN (rate at 3.25%) and one in VA (rate at 3.8%). Don't want to move from those rates to current rates, but would like to find a way to utilize or take advantage of the equity in...
Chester Transo
Common Capital Repair Expenses For Older MHP
As a long time lurker, but first time poster, I have to tell you all that I am really impressed with the quality of the posts and all the awesome cooperation shown in this forum.In an older post Jim Johnson said "In o...
Brandon Stiles
Building line of credit for LLC?
I'm working on my plan to start flipping houses and I figure if I can work my way up to a $300k line of credit for my LLC I can fund 2 rehabs at once and cover carrying costs without having to use my own cash. I have ...
Joshua Mayo
Fund & Grow Case Study 2019 (A detailed and in-depth analysis)
Hello all!After two months of thorough research, my wife and I decided to take the leap into using Fund & Grow to fund our first rental property investment. We decided to use Fund & Grow (F&G) over other s...
Peter Schuyler
Solo 401K qualification if Im a Property Manager for my rentals
Fellow BP expertsWould my LLC which has buy and hold rental income only at this point, qualify me for a Solo 401K, if I have the LLC pay me as the Property Manager?Would that self employment income be enough to make t...
Alex Saloutos
Input needed on payout and/or split with private lender/partner.
I am a licensed real estate agent with 20+ years experience in real estate sales, marketing and home construction. I have a long-time client who I've done a number of transactions with as their broker that is interest...