Mike Finn
Line Of Credit? HELOC? Cash Out Refi? Need help!
Hey everyone, question for the group. I currently have two rental properties I want to figure out how to leverage so I can start growing my real estate profile. I do not want to leverage a HELOC on my primary residenc...
Michael Davis
How to get $ out of free and clear rental homes
I own two rental homes in California that I purchased for around $275K each absit 8 years ago. Today they are valued at around $625K each. No mortgages. Great renters and rent totals about $4500/month from both wh...
Matt Powell
BRRRR Strategy - I don't get it.. what am I missing?
Listening to @Brandon Turner's webinar on BRRRR, and his first example looks like this:Buy house for $70,000Rehab: $30,000Closing costs: $2,500Total cost: $102,500Appraised after rehab for $141,000Refinance: 80% ($112...
Bryan Daels
Selling everything and leaving job to Travel! Tips for setting myself up for success?
Does anyone have tips or ideas on what I should do right now, while I still have a W2 job that I will very likely leave in the next year, to set myself up for success in the real estate market after a 6-12+ month volu...
Andre Lozada
Which exit strategy works best?
Hey all. I have a motivated seller who said he doesn't care about his credit or a foreclosure he just wants some money in his pocket. He has a vacant property 3 bed 2 bath 1190 square feet, huge base and backyard. ARV...
Christina Mao
How to enforce right of entry to rental properties during COVID?
I'm doing a cash-out refi on a rental and lender required a full appraisal. Tenant is refusing entry due to COVID-19 shelter in place even though this is considered an essential business activity. And the sheriff wi...
Evan Kilbourne
Too Good To Be True?
Hi All,I have been browsing around and inquiring about some properties offered by turnkey providers. While the people spearheading the turnkey provider companies seem to have good reviews (through BP at least), there ...
Nathanael Greene
Structuring a private money investor deal
I have been searching for ways to understand how to structure a deal for investors on a multi family apartment. What are different percentages or ROI as well as a ratio of ownership like 50/50 ,70/30 and other ways. I...
Tyler Speelman
Combining funds from LLC and IRA to invest in a syndication?
Hey BP,Can you combine funds from self-directed IRA, and LLC to invest in a syndication as a limited partner? Thanks in advance!
Drake Espenlaub
Wholesaling contract clause *question for a friend*
I work with a friendly guy from Australia that bought some inexpensive homes before he came over. He is aware I have my real estate license and dabble in properties, he asked me to look over a contract. After advising...