Gail Greenberg
Can I take out a hard money loan for purchase and use IRA for renovation money?
Hi All,I just put a house under contract that I'm going to flip. My partner and I plan to get a hard money loan for the purchase and then use my self-directed IRA for the renovation funds. My IRA is a "checkbook" IRA ...
Dustin Barr
Working on 1st Deal
Looking at picking up a single family home for rental. Foreclosure. Purchase price is looking to be in the $27,000-$29,000 Range. Roof is in need of replacement ($4-5,000) and could use some carpet replacement and ...
Erik Pilon
Why Rent before Refinancing?
Hello!I’ve been making some quick calculations, but was wondering why is BRRRR set-up so that renting is before refinancing?Example:- House = $100,000- Downpayment = $20,000- Loan #1 = $80,000- Rehab = $20,000- Rent =...
Justin Minikes
Long Term Buy and Hold Strategies
Hello All,I was wondering everyone’s thoughts on this buy and hold strategy. Background: I have a single family deal lined up now to get my foot in the door of real estate investing. I am 26 years old. I work a full t...
Richard Chang
1031 Exchange using HELOC to pay for remodel costs
Hi all,I have a duplex investment property for sale that needs some remodeling costs with proceeds going into a 1031 Exchange.I do NOT want to pay all these costs out of pocket as I will NOT receive any cash at sale t...
Carrie Alluri
My Best Fix & Flip Yet!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $230,000
Cash invested: $42,400
Sale price: $395,000
My sister and I went in on this deal together since she fo...
Alejandro B Yoon
Sub2 RentbyRoom Austin
Investment Info:
Single-family residence buy & hold investment in Austin.
Purchase price: $320,000
Cash invested: $45,000
Off Market Sub2 3 bed 2 bath property with additional garage conversion i...
Thomas Alexander
Non-Recourse Loan Capital Stack
Is there a capital stack on a non-recourse loan? If they say 65% of the capital stack are they saying that 65% of the property will be non-recourse?
Ed L.
Build credit for real estate investing..
Imagine you are the mentor of an 18 year old kid that wants to get into real estate investing but has ZERO credit history.. Pretty much the position I am in.. No authorized user options available.. What would you reco...
Andrew Adam
16- Plex on 43rd St.
Investment Info:Large multi-family (5+ units) buy & hold investment in Sioux Falls.
Purchase price: $875,000 Cash invested: $218,000I sold my 6 units and put the proceeds from the sales with my savings to ...