Eli M.
Refi vs a flip, main pros and cons
Dear BP Family,
I have a philosophical/theoretical question which many of you might have faced already on your path with real estate ( I am just trying to figure out what are the pros and cons of flip vs. refi):
Tot...
Brian Hagan
Finding the Right Financial Institution for Lending
Our real estate investment company focuses on buy and hold properties. We are in the process of finding a financial institution to work with to obtain the mortgage on our first property. Ideally, we would want to find...
Brandon Sturgill
Would You Do This Deal on a SF Buy/Hold?....
2 bedrooms, 2 bathrooms. Purchase Price: $50,000.00 Purchase Closing Costs: $1,500.00 Estimated Repairs: $5,000.00 Total Project Cost: $56,500.00 After Repair Value: $85,000.00 ...
Kirk Roberts
Strip mall evaluation in rural market
Looking at a 10 unit commercial strip building (1200 sq ft each unit with own bathroom in ea.) rural New England town good traffic counts good but population and demographics are ok. 6 of 10 units tenants long term...
Sean Peters
Changing name on Retail Lease with Personal Guarantor
Good morning All,I recently rented out a retail unit of mine in Calfironia and the original lease had the personal name of the tenant, as they were initially going to do business as a sole proprietorship. However, no...
Cory Fowler
Starting Joint Venture
Myself and two friends are wanting to take a stab at the real estate rental business. We envision ourselves partnering in the following manner - two of us serve as the rental manager and contribute capital to the init...
Kyle Ropelato
Real estate attorney to transfer deed to LLC
Hey BP, I live in Utah and just purchased a home in Florida but I need recommendations on a RE attorney to help transfer the deed to my LLC. Or if there is an easier, better way then I'm all ears. Thanks!
Mike Emokpae
Cash out refinance question
I am under contract on a new home that will become my primary residence. I was initially going to use the proceeds of the sale from my current primary residence to repay myself my down payment (currently coming out o...
Kellen Robertson
House Hacking with a Business Partner Money Flow
Hello Bigger Pockets Readers. I am planning on asking this question to my tax attorney and tax adviser, but I wanted to get some feedback and ideas on here first. I am currently under contract on my first real estate...
Marcella Marquez
How to take Equity out of a Rental
Hi BP, I am new to REI and need some guidance, has anyone been able to get a loan off of the equity of a rental property, if so i would greatly appreciate any help as to which lender you went through.