John Michael
Use a HELOC just for down payment or purchase in full?
Happy Monday all,We are looking to start our first BRRRR and have a HELOC for $195k. It appears that our choices to purchase our first property are the following:1. Use the HELOC to purchase a property outright in ca...
Kay March
Security Deposit Increase Clause in Lease
I normally require a security deposit equal to one month's rent plus $200, and I raise the rent annually by $25 per month. For tenants who stay year after year, the security deposit over time shrinks in relation to th...
Amy Wan
Real Estate Syndications for raises under $1M
From my research, it usually costs a minimum of $10K (and sometimes several times that) for a securities attorney to draft offering documents (PPMs and the sort) for real estate syndications, which means that deals be...
Riley Neilson
How are you organized to protect against lawsuits?
Obviously, no one plans to get sued, and you want to avoid it happening at all times if possible, but if it does happen it's smart to be ready, I'm curious how you all approach this because after all, all someone has ...
Douglas Slingerland
Small loans < 30k and investors
Hello,I am looking for mortgage loans under 30k and am having difficulty with nearly every bank I talk to . I'm considering turning to personal investors, however, I don't know how to find these guys. Does anyone ...
Jorge Vazquez
Purchasing the company (LLC or Corporation) that holds the property
I've had great success this year by purchasing the company (LLC or Corporation) that holds the property rather than buying the property directly. This strategy has allowed me to save on closing costs, secure favorable...
Marc Izquierdo
Raising Debt for Long Term Rentals
Hi everyone,I’m interested in raising debt for small multifamily deals but I have a few questions about it and how I want it to work with my proposed strategy.One of the things I’m wondering about is how to structure ...
Curt Bixel
Columbus Ohio new Section 8 rules
I am curious if anyone can point me to a good source of information about the new section 8 rules for Columbus Ohio. I have a few rental units that will likely come available this summer, and I am not quite sure how ...
Cyle Harris
Finding Private Money Lenders
I recently sold my first fix and flip and am looking to do a mixture of the BRRRR method and house hacking with my next deal. In my first deal, I used a mixture of personal loans and my own money to finance purchasing...
Ronald Fontenot Jr
Got a contract on a house... how will this work?
I have negotiated a contract on a home and am considering a creative exit plan. The seller is willing to allow me to secure the house with the contract at our price of 250k. ARV is 360k at minimum. Rehab is 40-50k.Rat...