Alexander Chavez
$100K to invest in a flip in chicago
I plan on using leverage from my current property to invest in my next project. I have about $100K (possibly up to $130K) that I can access through a HELOC loan. I have a few ideas on how to get the ball rolling wit...
Mushfiq S.
Need a lawyer in Florida
Looking for a lawyer that can look over a situation I am in as a second note holder in a property. Borrower has failed to keel his end of the deal by doing a fix & flip. Primary note holder wants to take over the ...
Jeff Matthews
What would be the best move financially for upgrading rentals
Hi Guys , ok so I got a question . I own a 70K condo that im renting for $750.00 a month .The HOA is very expensive costing $195.00 a month .I own the Condo outright (No Mortgage) I have probably another hundred a mon...
Paul Kogan
Is short sale bad for seller?
I have 2 properties that I'm trying to off load. The properties are located in Philly and it's hard for me to manage remotely. I collect $875 from each. I cannot sell it in this market because I'll be loosing $50k. I ...
Austin Bathel
Sell or Keep my rental property?
Hey guys I need some help here. I own a rental property in Camino, California. I want some help here to see what you guys think, if I should sell my current rental and buy other with the money I would get or if I shou...
David Grant
Getting scammed by a contractor in Georgia
Hey guys,Unfortunately I have given a lot of money to a contractor (more than 2/3 of total rehab cost) to an unlicensed contractor (he deceived us that he was licensed). He claims he has spent the money and unable to ...
Dustin O.
Help with Strategy in Real Estate
Hello BP,
This web site has been a great source of experience and education, which has broaden my perspective and abilities in Real-estate investing. The biggest tools I have take away from BP have been creativi...
Jeff Jakubowski
Moved and turned 1st house into rental, what next?
2 years ago I moved to be closer to work and turned my old 3 bed/2 bath townhouse into a rental. Renting it out has gone fine so far, so I want to do more rentals, probably similar properties in the same neighborho...
Max Lopatin
HELOC VS CASH OUT REFI ??
For those of you using the BRRR strategy (Buy, rehab, rent, refinance, repeat). My questions is when you refinance, are most of you doing cash outs or HELOC and why?My thoughts are:- If you use a HELOC (home equity li...
Brendan Lyons
HELOC: Use as Down or Finance 100%
Full Disclosure. I am a noob. I have two properties right now mostly focusing on short term rentals/ vacation rentals. The first one I have stays booked and I clear roughly 1K to 1500/ per month from it. The other...