Mary Jay
Due on sale clause-did it happen to anybody?
Hi guys!I am really scared of this due on sale clause that happens when you transfer your rental into an LLC.So Ive been postponing and postponing doing so with one of my rentals that is more expensive because I am wo...
Pete Storseth
BRRRR, refinancing hard money to portfolio bank
Hello BPI'm planning my first deal based on the BRRRR strategy and I'm stuck. The refinance is key to get cash out in order to repay lenders and be able to repeat. My question is, when you refinance aren't there a num...
Julia Yagodina
Private Money lending process
Hello,I have a property under contract and decided to raise private money to fund this deal. I found an interested investor and we agreed on terms. Loan will be secured by deed, no points, monthly payments deffered un...
Quenton Monroe
Personal home mortgage
Hey guys not new to the site but my first time posting. I’m reaching out regarding my primary residence. I have an active offer but need some input on my options.
I’m trying to figure out if Its worth my money to th...
Account Closed
I Never Do REI with Mortgages Anymore. And You?
I am familiar with the argument of doing REI with mortgages; so you can leverage your purchases and buy more properties quickly. But I have seen far too many people get into trouble with this sort of scheme. I am a si...
Jeremy Segermeister
Thoughts on leasehold units?
Hi All,Curious to get everyone's thoughts here on buying leasehold properties from an investment standpoint. I'm looking to purchase a condo in the $400-$800k range, and plan on making it a STR. Undecided if I will se...
Morgan Nilsen
am i overleveraged
Can someone provide me with a formula or something to tell me if im over leveraged?
Shane M.
Self Directed IRA for an Equity Partnership Flip
Hello BP Members - I have a self directed IRA (traditional) and plan to use it in a flip transaction with a friend of mine where the IRA would only be an equity partner. Is this a strategy I should use? Will the IRA b...
Jayden Hamilton
How to make money in real estate without rental properties
How can you make money in real estate that is quicker than buying and holding rental properties? I need something more like a job to keep me busy throughout the day to make money to reinvest in rental properties. I'm ...
Allen Wu
HELOC trigger and then use funds to buy another. Good idea?
BP Family,I’m thinking about taking a 100k heloc on my investment property (it’s a condo). Interested to learn how others have used this approach to use the funds to buy another property. What is your approach or fram...