Sasha-Al Lee
Home Equity Line Of Credit
This year I ran up about $70k in lines of credit doing upgrades and renovations to 3 properties that now cashflow. I own two of the properties and they both have over $100k in equity. I would like some guidance on the...
Josephine Wilson
Can I do better than this mortgage rate?
I'm lining up financing for my first REI. I talked to my usual bank (Chase) and they said 4.3% APR and 25% down. I'm thinking that shopping around I should be able to get a better rate. Thoughts?
Sparkle Carlock
How can I bridge the gap?
Hi BP Family! I am fairly new to REI still. Have been on the browse for the right deal for me to dive into my first flip. I have gotten pre-approval on HML already, small personal budget, good credit score, and found ...
Leslie LaBranche
Jerome Maldonado real estate developer training
Hello all,
I'm interested in taking the real estate developer training with Jerome Maldonado here is a link to his website https://jeromemaldonado.com/ I want to know if anyone has taken the course and what was you...
Shiva Sharma
Considering Forming an LLC. Am I Making a Mistake?
I'm in the process of purchasing my first rental property. I was considering starting an LLC, as I wish to have more properties in the future. At the same time, I have heard that banks charge a higher interest rate fo...
Bridget D.
Rented to Three Friends
Hi; Just starting out in renting properties in Delaware. I have a five year plan to quit my job! I just purchased my second property recently and remolded it and made the mistake of renting to three friends. The two...
Daniel Brewer
New LLC with Lack of History - Which Type of Lender?
Hey everyone,
I've been researching the BRRRR game and all that it entails over the past year or so. My partners and I have cash ready to purchase and rehab our first property. However, we want to get pre-approved fo...
Susan Moscaritolo
Really unclear on the nuances of refinancing - can someone walk me through?
Hi - first time investor, naturally. I have a property that I want to refinance from a hard money loan to a longer loan. Here's my questions: - why is it that the hard money loan, on which I paid interest-only, is now...
Michael Baradell
Tenant Screening: Bad Credit: 2X security or First and Last
Hey BP!!I am curious on your thoughts. If you have a tenant applicant who is qualified in all aspects except they have bad credit due to medical, would you require first months rent AND 2X securit deposit or First, La...
TJ Sayers
Buying rentals and my personal credit
Over the past few months I have began to acquire more rental properties (outside of another partnership I have). I took a HELOC out on my personal residence to purchase and rehab the first property and and am in the p...