Hi BP, I have been searching, reading, and talking to various people about doing a cash out refi after a cash purchase and receiving a wide range of answers.I primarily do flips, as it doesn't make sense to buy and ho...
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $1,345,000
Cash invested: $500,000
Sale price: $1,825,000
Case Study: 3142 Fairfield Avenue
This c...
Hello everyone im a newby, this is my second investment property.I’m using a heloc from my primary residence to buy an investment property for $145k and I’ll use my own cash for the $15k in renovations. And the ARV wi...
I am interested in investing in Texas, specifically Tax Deeds and distressed properties. Can anyone provide any insight has to the success rate of investing in Texas?
I took out a 1 year hml on my second flip, thought the project would take 3 months to complete, instead it took 6 months and I will be listing the property for sale shortly.I am concerned as to what would happen if I ...
I am working on a series of shows for my Podcast and I want to articulate simply and clearly the benefits of Real Estate Estate, but more specifically passive commercial passive real estate investing. What else do ...
We've been presented with an off-market Fixer in Tarzana for $620K. 1362 sq ft 3 + 2. 7000 sq ft lot. Detached 2-car garage. No pool. Built in the '50's (like most of the Valley!) Haven't been in it yet, but it l...
I am very familiar with this rule of thumb, however it seems so misguided and arbitrary and takes into account almost nothing other than a base rental assumption.Say you've got a 10 unit building and most tenants are ...
I told my tenants they would not be charged a 4% late fee until 15 days from the time payment is due. The 15-day grace period is state law which I will abide by. So now tenants do not pay me until the 13th or 14th of ...
hi guys,so I have a lot of equity in one of my rentals but the interest rates are super low on it. so I dont want to do a cash out refinance on it because I dont want to lose the 3% interest rate on it.I want to get s...