Rich Bertran
Loan Restructure to Purchase
FIRST-TIME INVESTORREI Pros,I am looking to refinance my home and pull money out to pay off a property I own in Oklahoma to pull a loan against it and purchase a self-storage complex. Ultimately I want to hold the ren...
Jody Young
Estate hasn't opened probate
Hello BP,
I have found a house that has a small mortgage against it and a medical lien. I'd like to purchase the house and payoff both liens since the lender is foreclosing. However, there hasn't been a probate case s...
Shonari Wynter
Buying a house in my name vs starting an LLC
Hello BP,I have been actively trying to find my first property for buy and hold. However, there are so many things that can go wrong and that makes me wonder if I should get a LLC before doing any kind of REI or shoul...
Dawn McComish
Purchasing property with crypto
I am a realtor and I have found a title company that says they can handle a crypto transaction. They will verify the funds- transfer them to escrow and give the seller US dollars. They are a reputable title company ...
Richard Lawson
Is it wise to use a 1031 exchange?
Currently we have a long term renter which pulls about $500 per month after expenses. It has an open HELOC on it with $132,000 owed. Market value is approximately $315,000 to $330,000.
Our thoughts are to sell the r...
Jeremy K.
Reserves and the APOD
Hello to all..How do you or should you incorporate reserve funds into the APOD when figuring out what a property is worth? Since technically it is not an expense (at least I believe not) but a capital investment that...
Michael Bettencourt
Wells Fargo "remodel loan"
Has anyone dealt with a low down renovation loan offered by a finicial institution other than fha 203k? I have a mortgage broker from Wells Fargo recommending their 3% down renovation loan over the 203k. I can't find ...
Carlos Silva
Is this a dumb move?
Due to higher interest rates, what are your thoughts on buying a new primary residence rather than purchasing a new rental property with a higher interest rate? I've thinking about renting out my current home and pur...
Christopher Brown
Build to Suit Question
I have an opportunity to invest in a buy-and-hold project with a contractor whose work and track record I know well. I'm closing on the sale of one of my investment properties and I'm trying to figure out if there's ...
Denise Mayo-Walley
Cash purchase using LOC, what exit strategy?
Hello BPers,I currently have one buy and and hold investment property and I am eager to acquire a 2nd. I met my Realtor today and saw a property that fits my criteria but is also in great shape and therefore can be li...