Pierce Fonville
Subject-to completion loan on a primary residence
I am looking to do the BRRRR strategy on a Primary Residence in DFW Texas but lenders so far have told me that my short term financing will have to season for 6 months and the value will be determined by the purchase ...
Ben Burnap
Failed FHA multifamily option that cash flows 2,000+
Looking for some advice here - I am in a bit of a time crunch so just looking for some fast advice. Any help is greatly appreciated!Ill try to make this as brief as possible. I found a 3 family in my area in hopes of ...
Josh Bast
Cash vs HELOC for new turn key investor
Hey all -Hoping I could get some advice on whether or not I should proceed with my current options...I want to invest in real estate, however, turn-key is really the only option I can reasonably handle right now consi...
Janell E.
Funding Down Payment of Seller Finance Deal
My partner and I have found a deal that includes 18 units for $1,168,000 with seller financing 25% down, 5% interest, 5 year balloon, 30 year amortization schedule. We need about $320k to allow for some reserves. We h...
Zachary Derksen
Canadians investing in the US!?
Hey there everyone!My name is Zach, and I'm a newb to BP. My brother and I are Canadians (dual citizens actually, but born and raised in Canada), currently own two rental condos in Florida (without a mortgage on them)...
Adam Campbell
Looking to start investing with little money
Hey guys! I'm new to the community and was wondering on what the best way was to finance my first home purchase was. I've talked to a friend who is taking out a heloc and paying for the down payment that way, taking...
Vince Gethings
What is the Best All-in-One bank for rental property management?
Good Afternoon BP!As the title says, I'm in the market for a new bank; hopefully one that can do it ALL efficiently and with great user-friendliness. I've tried to keep it "local" and support my community, but it's ju...
Braden Leonard
First post, starting out (kinda)
Hello BP! Just recently joined after starting to look more into acquiring more properties with the aim of eventually being able to replace my current income with rental income. I'm in the Triangle area in NC.I have ac...
Doug Kolb
Need to move mortgage from personal to LLC
Hello,I own a single family rental home in Memphis. i bought it and financed under my name not knowing any better (in 2015). Looking now to put it under an LLC (which I have already), but my current mortgage holder ...
Danny Webber
IMF "Bretton Woods Moment"
I don't see any way this bodes well for the U.S. DollarThoughts?https://www.imf.org/en/News/Articles/2020/10/15/sp101520-a-new-bretton-woods-moment