I have a young portfolio of 5 single family properties worth $775k. I owe $416K. I am trying to refinance and cash out to invest in more properties. The best financing I can find is about 6%, 75% LTV. This eats a sign...
Hi Everyone,I am trying to understand how the property gain taxes work in Maryland. I know I can use a 1031 to work around the taxes for a little bit but I will using a private lender so I don't believe that will be a...
Hello All, I am a new investor in the Houston, TX area. We just had a great meeting with a investor/contractor who has been in the business for a while and he brought up a point that i thought was interesting. In our ...
Hi All,I current have a HELOC opened for $130,000 against my home (owned free and clear). The current rate is 4.94% last I checked (variable rate). I have a friend who has been flipping houses for a few years now and ...
I am looking at adding an out of state triplex to my rental properties. Normally I can figure This stuff out on my own. This is my first time trying it with non conventional financing. Before we get all excited a...
I have an interesting issue - I hope this is the right place to post. I have access to private funding (parents) but we don't know how to structure it so I'm the only one on the loan/deed. It needs to be an non-owner ...
Hi! I am looking for anyone with knowledge of the rental market in Abilene, TX that would like to help a new person learn the ropes. I am new to all of this and learning as fast as I can and talking to the people I ca...
I was curious how the two compare. I'm aware that in wholesaling, one must tread lightly on the side of "brokering", especially without a RE license as this opens up potential doors for legal issues. But how does this...
BP Community,I have had a opportunity presented to me through a small talk conversation that I transitioned to the person asking me what I would do with a large piece of acreage in Door County, WI. I asked what that i...
This year we increased our net worth by 355k from one deal! Here’s the story.
On January 17, at 10:30 in the morning I got an email from a wholesaler advertising a 6-plex in Florence, Arizona, for 320k. I usually bu...