Ariel S.
UC, High Appraisal $$, How to finance necessary repairs.
Hi Everyone! I am a first time investor and I am home hacking in Chattanooga, TN. Great location, bungalow style, single family home with free standing apartment. I am under contract- the main house was built in 1920,...
Branden Wintermyer
A Scenario for my Next Steps to Investing in Real Estate
As a novice investor, I am contemplating my next strategic moves in the realm of investment. Let me outline my current situation for you: I am the owner of a sole rental property I purchased in 2014 at the age of 24. ...
David Wilson
Borrowing Credit, not money? Creative financing
So I have a creative financing situation that I need some help with.My Brother in law and I are flipping houses together and our father in law is our contractor help, but also has some investing potential. He has som...
Greg Hellings
Primary: To sell or keep?
So I'm only one deal into my REI journey. A flip last year that didn't go so hot, but I'm out from under it now. Taking my next step and it's decision time. Situation: we bought a new primary residence one block over ...
Timothy OConnor
DSCR Lenders willing to take a second position
Good Evening BP members, I am looking to take equity out of a very strong performing long term rental. I want to use a DSCR loan, but I see many DSCR lenders are not willing to take a second position when underwriting...
Ronald Vargas
Buying new properties on small salary
I’m to investing in real estate and i got lucky i bought a house in 2017 and another in 2020. Now I’m sitting on a lot of equity and not sure how to use it. My idea is to buy fixer uppers but i know there’s more to it...
Sam Brock
Best Way to Pull Money From These Properties
I'm a contractor and currently building two houses on two lots that I own outright. The goal is to keep these for rentals.
I currently own the land personally and am funding the builds with a combination of HELOC and...
Simon Asselin
Ability to draw (HELOC style) against our real estate equity as a portfolio?
Hi all - my wife and I have been real estate investors for several years and over that time have developed significant equity across many properties. My challenge is that the equity is siloed in a high number of prope...
Shannon Hartzell
I need a creative loan for an investment property
I am looking at 1 acre of land with a well and a septic already installed. The lot is cleared and pretty much buildable. The market is in the Berkshires in MA between Great Barrington and Catamount ski area. I want...
Ashley Kroft
Starting Out: Advice on which option to take from a Refinance
Hello BP!I have a dilemma on which direction to begin first. My mother-in-law wants to help my husband and I on our first real estate investment purchase. She is offering to refinance one of her homes that is complete...