Danny Abrahamson
Owner Occupied, Single Family, Flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $415,000
Cash invested: $70,000
Sale price: $735,000
My first pursuit to equity build out!
A first-time home ...
Danny Abrahamson
Owner Occupied, Single Family, Flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $415,000
Cash invested: $70,000
Sale price: $735,000
My first pursuit to equity build out!
In the first year,...
Lindsey Matejak
LLC Operating Agreement Question
Looking to chat with someone (ideally an attorney) who knows the ins and outs of LLC formation in Missouri for an urgent issue on a property I'm under contract on.I am working with LendingOne for a DSCR loan and just ...
Michael LaMorte
How to find the $$$ to Expand Portfolio
Hi, I have a STR property which is doing well. I used a HELOC for the downpayment and the income right now is covering the HELOC monthly payback and mortgage which is a win/win. I want to continue my journey and sta...
Jon Dawes
DSCR loans for newbie investor w/downpayment but maxed out DTI
Hello! I have (had?!) a plan to refinance our current mortgage as well as get a HELOC. Apparently our DTI is too high for the HELOC so we can do a cash out refi but that is less desirable because it means we cannot th...
Damon J.
Financing for Rental Properties - Cash versus Financing
I am fortunate to have the option of paying cash (via open equity lines) or conventional financing (good credit, income). I am trying to purchase a few more rental homes in the price range of $60-$100K.
I realize tha...
Josh Gold
75% equity out on a cash out refi currently? HELOC on rental?
1. Looking to find licensed mortgage brokerage that will allow 75% of my equity take out on a cash out refi for a rental property. Does anyone now any licensed brokers that are doing those? My regular mortgage brok...
Kyle Stanley
BRRRR on SFR in North Charleston, SC
Investment Info:
Single-family residence buy & hold investment in North Charleston.
Purchase price: $116,500
SFR. 3 BR 1 BA 1152 sq ft built in 1961. I bought this property off the MLS with a realto...
Cameron Parr
HELOC or Home Equity Loan or Personal Loan
Hey BP,Newbie here looking to close my first two deals on two buy and hold duplexes. Ran into a hiccup when lender initially told me they would finance 85% of the loan now has changed to 75% but I only took out money ...
Ornella Kaneza
42k cash equity and first rental
Hi,I’m a new investor and thought I would share my strategy here to see if there is any input that could help. A year and half ago, I bought this townhome (2bd/1.75ba in Phoenix AZ) that I have now renovated to 2bd/2b...