Kent Depwe
All cash or conventional loan?
Hey BP,First post in here, short intro: I’m 25, Technical recruiter living in Austin Texas, just bought my first house in Austin July 2021.I’m keen to get into REI, not necessarily in Austin or even in Texas for that ...
Simon Daniels
Baltimore CHAP Tax Credit Rehabs - Historic Millwork and Lead
Looking for some insight from Batimore rehabbers that have completed CHAP tax credit renovations. What do you do with millwork that is deemed historic but tests positive for lead? It seems the options are:1. Remove ...
Steve B.
Just started a new business. What are best investment options?
After getting laid off from another job about a year ago, I opened a music lesson school. I’m already profitable with a monthly cash flow of $6k to $8k. Since my time is flexible, I want to get into real estate invest...
Ryan Fell
Creative Financing-HELOC and Cash Out Refi
Apologies if this has been asked before, please just point me in the direction of that post if so. Looking for creative ways to get a good chunk of cash for first property. We have the worst house on a good street. Ho...
James Snedaker
Equity LOC + Margin stock purchasing
So I know this is a horrible idea, but I went through the motions anyway. Equity line of credit on my house runs at 6%, and my online stock broker's margin rate is 3.1%. If I pull 100K from my house and then leverage...
Joseph DiBernardo
Structuring a Seller Finance Deal
Good morning -
I have come across a property I am interested in. The PP is 263K. The seller is offering terms of 15 years , 6.5% and 30% down. This property is a condo on Fire Island and generates roughly $20k in Net...
Account Closed
BRRRR Method in Canada
Hello, My name is Max. I am a 21 year old living in Canada, more specifically Fredericton, NB and I am looking to get into my first property and thus the world of real estate. I am currently in a position where I do n...
Ying Jia
Need advices on my second rental investment
Hi, it is my first time to post question on BP and I am a investment newbie as well. I got my first investment in PA last year, B&C zone with positive cash flow. Now I am looking forward to expand my portfolio. Th...
Sean Coonce
Private Lending: Question About Promissory Note Details
ContextFirst time investing with a PDX flipper (great at what he does) and happens to be a good friend. He is raising private capital and the deal seems bulletproof, but would love feedback to better understand if I'm...
Eduardo Beltran
Isn’t Wraparound Mortgage financing the same as Lease Option?
I live in Texas and i’ve recently learned that Lease Options here are just more of a head ache and not ideal as a strategy for someone who’s just getting started in real estate. In doing my research i ran across what’...