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Hello all,
I am currently the owner of 2 duplexes, 1 conversion and 1 side-by-side. The conversion was purchased using a down payment of 20% and cash flows $525/m. The side-by-side was purchased 100% LTV (zero percen...
Good morning BP! First post, here’s my intro: I’m a new dentist finishing a 1 year residency training soon, the plan is to then work in a group private practice for 2-3 years then become a practice owner.One big quest...
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Hello,Still trying to wrap my head around the refinancing part of BRRRR. I'm reading the book currently and taking notes as a go, but have already developed a few questions:1) Ex: I find a private money lender to buy ...
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Hello BP Community,Wanted to throw a scenario out there, to see how realistic or easy/difficult it would be to obtain financing from a bank on a commercial multifamily property, or discuss possible work arounds.Exper...
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I currently own shares in a couple of REIT's as a parking place for some cash while saving to purchase a S/MFR. I was wondering if it's possible to shelter the cap gains using a 1031 when the time comes to liquidat...
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Any 1031 exchange success stories in today's markets? If so, what strategy did you use to best safeguard your profits considering the small time frame (45 days to identify a property)?I've read things like look at mu...
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Attorney contact of mine is handling an estate for a living person who is incompetent. She is making all the financial decisions and is POA for all signing. The estate essentially has no credit score but there is plen...
Hey everyone,Im looking into making the transition from SF rehabs to cash flowing apartments.My question is, without the required net worth or liquid cash available, how does one get around to obtaining a loan on prop...
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Hi everyone,I’ve got great credit, good income, but not much liquid for a downpayment. I’m considering either a 401K loan or a HELOC on my personal residence to raise money to do my first out of state BRRRR. I’ll have...
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My topic is a bit misleading so I will start with a brief story :)
I lost the house in our divorce, but my ex was unable to get approved to refinance it, and after she missed a couple payments I took her to court and...