Ryan Cleary
1031 into a BRRRR deal
Heres the scenario:Selling our first rental property, currently in contractPlan on doing a 1031Would like to purchase a single family with hard money, perform a rehab, rent it out, and refinance our money out.Is this ...
Pete Harper
Line of Credit Options for Commercial
I wanted to see what line of credit loan products that are available for commercial. I own several properties 100% that are held within an LLC that I would like to be able to tap the equity without taking out a conve...
Trinity McNeal
Double closing in Maryland
Are they allowed to do a Double close in Maryland? I spoke to a Title company and she said they don’t double close in Maryland is that true?
Stoudamire Davy
Proof of Funds Letters
Does my pof need to show enough cash for the full purchase price. i have funds but only enough for the down payment would that be enough to show ?
Kelly Wiggs
Multi Family Loans for rehab?
Any recommendations for on where to find funds to rehab a 20 unit apartment building with an additional 10k of commercial attached located in Indiana? Tons of add value. Listed at 200k and I have the funds to purchas...
Joel Kleyer
Post Remodel Appraisals
Interested in purchasing a 2-bed,1-bath SFH in Louisville, KY, to rehab the attic to create an additional bathroom and bedroom. Property currently is valued at $200K-$225K, but similar 3-bed,2-bath SFH are $300K. I'...
Michael Behr
How to fund deal
Hello,
I found a multi unit property. I have about 20% down payment. I’m now being told it will likely be 25%. My credit score is 780+. What’s the best way to fund this deal? I’d like to use as little as my money as...
Jesse Barahona
Bank line of credit ??
I am getting ready to purchase my first property, If I picked out a property that would need some work done, Would applying for a bank line of credit be helpful? If I don't have that type of cash on hand. Or should I ...
Jeremy Karja
Should I use my IRA or Heloc for my first deal?
I have about an equal amount of cash I can get from the equity in my home and my IRA. I live in Minnesota. Which should I start with and why? My goal is duplex, triplex, fourplex to generate good cashflow as I rin...
Shane Elias-Calles
Fixed Rate Home Equity Loans
Hello BP,Does anyone have experience using a fixed rate home equity loan on a primary residence to purchase more property? If so does anyone have an opinion on the risk reward of this strategy? Would it be worth taki...