Chase Whiteman
HELOC with Hard Money, any experience?
Hello,Considering using the equity in my primary residence to apply for a heloc. I am told most banks/credit unions will lend 85% LTV on primary. With rates increasing, should having a variable rate with a heloc make ...
Stephany Miles
How should I use my $50,000
I'm a new invester just getting education on investing. I have about $50,000 in equity in my primary home and I have about $90,000 in consumer debt, this does not include my mortgage. I'm trying to figure out the bes...
Quentin RCollins
Looking for some advice on new build creative financing.
I’ve purchased some land and want to do a new build on the land. I’ve received some very favorable estimates in cost and timeline for the plans I had created. I’m a realtor and have completed a CRM on final build so b...
Cameron Lim
Stacking and how does it work?
Hello BP,I am new to the site, fairly new to the real estate market and I am looking for help to get this going.I watched a video on BP on stacking.The concept seems simple however the devils in the details.So I’ll as...
Ryan Ahlgrim
Business Line of Credit
I’m planning to do some buy and hold investing in 2014 and am looking to use a business line of credit for my down payments when purchasing new properties. Depending on the lender, they will require a 10% - 20% dow...
Patrick Gilbert
Real Estate Depreciation
So I understand the concept of depreciation - appreciating asset that degrades (“depreciates”) over 27.5 years so you get to take a loss on taxes. My question is: how is that depreciation number determined, specifical...
Jacob Horn
Are down payments necessary?
I’m trying to get opinions on if putting a large down payment on an investment property is truly necessary (BRRRR method). I’ve seen plenty of videos online but I get the feeling that the video creators are slightly b...
Jose A. Gonzalez
Financing Rental Units
Hello everyone! I hope everyone is doing good and staying safe through this tough period. My question is about financing properties; how many units do you finance at the same time? How much are you willing to go in de...
Tarek Emam
BRRRR SFH OR MULTI FAMILY
Hello all,I need some clarification on on wether or not BRRRR works on multi family homes. I am based in New Jersey and I’m a new investor. In jersey, multi family is definitely the way to go when it comes to investi...
Nelly R.
1st time investor in NJ....Need advice!
Hi everyone! I'm in the process of searching for my 1st investment property. After researching South Jersey and Philly I decided to shift my focus on the Trenton, NJ area because it looks as if I can get a good monthl...