Ayman Elmasik
Re-finance @ 80% of the appraisal value
Hello BBer's, I have a house in Houston that is taking so long to sell and the best way to handle this now -as it appears to me- is to refinance it with a lender that can do 80% cash out based on appraisal value (not ...
Tiffany Smith
Newbie from Washington, D.C.
Hi Everyone,My name is Tiffany Smith and I writing from Washington, D.C. I am currently in the process of attempting to close on my first home (tentatively 7/14) in SE Washington, D.C. It's a 4 bedroom/3.5 bath built ...
Brandon Willingham
New investor in the Denver/Colorado Springs Area
Hello everyone,
I am currently deployed with US Army in the sandbox. I have grown up in Colorado most of my life, and I love the Denver/Boulder/Fort Collins triangle.
I started investing in securiti...
Jimmy Le
Did I just buy an REO property for $2,000?
Hey BP folks,
I recently purchased a property at the Houston Texas December foreclosure auction and was wondering if anyone had insight on a similar situation....
Looks like first mortgage foreclosed on this house b...
Jorge Ruiz
HELOC APPRIASAL ON SFR
Hello BP! I am attempting to refinance in order to get a HELOC from my primary residence. On the application it asked for what I believe my property is worth. They countered with a value $50K for what we believe it is...
Seth Crowder
Architect drawings as equity?
I have a buddy who is a great architect. We are exploring a partnership and he said that banks will often accept architect drawings as equity when considering lending on a fix/flip or new construction deal. Is anyone ...
Matthew Arnold
Rental Arbitrage for shallow-pocketed newbie
Like it or not, AirBnB has helped homeowners and renters subsidize and/or make returns off housing by subletting to vacationers and short-term renters. I learned that this practice is called 'rental arbitrage' and som...
Brian Carmichael
Sell all real estate in IRA account
Why don’t I purchase a house under my LLC then overtime sell it to my personal retirement IRA at a discounted rate. Or if that’s not allowed sell it to a friend who will then sell it to my personal IRA at a discounted...
Joe Dowdell
Multi-Families in Richmond, Virginia
First of all, this is my first post so I hope I'm posting in the right forum. I have been spending the last few months reading as many books on Brandon's List as well as a few others (i.e., Rich Dad, Poor Dad (actuall...
Paul L
Selling on L/O - reality check
So I've read Wendy Patton's book on L/O and gone through another gurus course as well. I've also done plenty of reading in these forums. I'm suspicious that a rosy picture is being painted here. Essentially what I rea...