Daniel G.
What Happens to Membership Units After Payback
Hi BP Members,My question is simple (I think). What happens to membership units after all limited partner's have had their principal paid back? Assume that the operating agreement states that the equity split from LP ...
Wilson L.
Tax strategies converting primary with equity into rental
I currently live in CA. I currently have about 50% equity in my primary home, we are thinking of moving into a quieter area in the next city over, a few years down the road, and want to retain our current primary resi...
Norman Romero
Buying out loans to purchase a property
Hello BP Community,I've been stumped on a question asked to me by my friend. "When a seller still owes money to the bank, What kind of seller is more likely to sell their house? Seller A-someone who owns 75% of the eq...
Xavier Bruce
Buy and Hold Investors
Hey guys, I’ve got a question. I’m a wholesaler and I’ve been finding deals for fix and flippers. How would I go about finding deals for buy and hold investors? I know Flipper’s use the general formula of ARV*70%-RE...
Kenny Wilborn
equity
Hello BP,
Have a question on equity of a home. If you own a home free and clear is the equity based on market value or appraised value. I plan on using equity or at least part of my rental equity to purchase my next ...
Yissell Torres
Where to find Equity Partners For RV Parks?
Hi Everyone,I'd like to introduce myself, my name is Yissell Torres, based out of Texas. I am newer to BP. I have always been fascinated by real estate investing. I have 13 years experience of flipping houses and owni...
Chris Mackinlay
Coach me through a BRRR
Hello BP. I have a house under contract. 3/1.5. ARV is high 150's. Purchase cost is $104,500. Repair costs including a buffer are $11k.It's HUD, so I am stuck paying closing costs as well. Plan was to do a 20% down co...
Konnor Merchak
Questions about private lenders
Hello i am looking at buy a rental and just looking for advice from experienced investors. With my base knowledge there is a couple of ways i have thought of this. 1. If i need 10% for cash down i would give the inves...
Javin Platon
Refinancing for the 2nd time
Hey guys, just wondering…Is it possible to refinance your house for the second time? I refinanced my house back in June 2021 and I thought about selling it but after the rehab and appreciation value of the house, can ...
Erik Bringleson
software to track a promissory note and existing mortgage with a subject to purchase
Hi,I recently purchased a single-family home using subject to financing. I took over the existing mortgage and am paying the seller monthly for their equity. I know I could throw together a google spreadsheet to track...